A deferred charitable gift annuity provides you with fixed payments for life in exchange for a gift of cash or securities. The remainder is used to further the mission of Brandeis University. Donor(s) must be at least 55 years old. The first payment will be deferred for a minimum of five years.
Deferred gift annuities are easy to set up, and the payments you receive are backed by the general resources of Brandeis University for as long as you live.
Benefits of a deferred charitable gift annuity:
- Receive a charitable income tax deduction for the charitable gift portion of the annuity
- Partial bypass of capital gains tax if securities are used to fund the gift
- Benefit from payments that may be partially tax-free
- You have sufficient income now but want to supplement your cash flow later, for example, when you retire.