New CGA rates mean greater benefits for givers of all ages

by NCF staff  |  July 09, 2018  |  Type: News

How would you like to boost your retirement income and support the charities that you love? NCF can help you do just that with a charitable gift annuity (CGA). And as of July 1st, the increase in CGA payout rates makes this type of gift arrangement an even smarter option than ever before.

Here’s how it works:

  1. A charitable gift annuity allows you to make a gift to charity, and then receive stable payments for as long as you live.
  2. The CGA contract states the payment amount and terms. The rate is based on your age and when you would like to receive payments, as well as whether you choose to set it up as a couple, or just for yourself.
  3. The new gift annuity rates are an estimated 30 to 50 basis points higher than previous rates, making this an effective solution for givers age 40 to 100. If you are younger and want to defer payments, which is especially attractive to those that are younger, you have a double benefit with an additional higher deferred payout rate.
  4. Funding your gift annuity with appreciated assets, such as securities, can give you even more benefits. You will receive a federal income tax charitable deduction (when you itemize) in the year the gift is made, and eliminate part of the capital gains tax you would have paid if your sold your assets.

>> Learn more about charitable gift annuities and the new favorable payout rates (PDF)

Multiply your impact
Only a select group of entrepreneurs ever have the opportunity to sell their successful company for a sizeable gain. Many of these business owners have a heart to give charitably, but don't know where to turn for wise counsel in the midst of a ... read more
7015 College Boulevard, Suite 250
Overland Park, KS 66211
913.276.1110 phone
866.580.4483 toll-free
404.252.5177 fax
Sign up for our regular emails (above), or follow us online at:

Select a favorite office

Find your nearest office and set it as your "favorite" to get local links, news, and information.