Charitable Gift Annuity
The Charitable Gift Annuity is an agreement between you and Center For Jewish Life of Arlington - Belmont to pay you or your designated beneficiary, a fixed annuity for life. A CGA can be funded with cash, stock, and in most cases real estate. The payments vary according to the age of the individual. You can enjoy significant tax benefits while providing a legacy gift to Center for Jewish Life.
Below are the current rates from the American Gift Annuity Council for a single life term.
| Age | Rate |
|---|---|
| 65 | 4.7 |
| 70 | 5.1 |
| 75 | 5.8 |
| 80 | 6.8 |
| 85 | 7.8 |
| 90+ | 9.0 |
How can a Charitable Gift Annuity work for you?
- A charitable gift annuity to Center For Jewish Life of Arlington - Belmont will pay a fixed payment for life.
- Receive a guaranteed income stream for life far above market rates.
- A CGA is the easiest gift that will benefit both you and CJL.
- The remainder of your gift will go towards our institution after the donors passing.
- You can donate appreciated stock to fund the annuity.
- A portion of the income stream is Tax Free.
- A Gift Annuity is Irrevocable.
- A Charitable Gift Annuity is a wonderful vehicle to leave a legacy to the Jewish people.
Allow us to work with you, your family, and if desired your financial advisor, to develop the most personalized strategy for your goals. For more information contact us.
