Deferred Gift Annuity

How It Works

• You transfer cash or securities to Catholic Charities of Los Angeles. Our minimum gift requirement is $5,000.
• Beginning on a specified date in the future, Catholic Charities of Los Angeles begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
• Generally, deferred gift annuities may be created by donors of any age. However, a beneficiary must be at least 40 years of age before deferred gift annuity payments commence to the beneficiary.
• The remaining balance passes to Catholic Charities of Los Angeles when the contract ends.

Benefits

• Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
• You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
• Payments are guaranteed and fixed, regardless of fluctuations in the market.
• The longer you elect to defer payments, the higher your payment will be.

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Next

• More details on Deferred Gift Annuities.
• Frequently asked questions on Deferred Gift Annuities.
• Contact us so we can assist you through every step.