Charitable Gift Annuities
QUESTION: How can you supplement your retirement income, get a great rate, and build the future in faith?
ANSWER: A Charitable Gift Annuity with the Foundation!
Here’s how it works: You give cash or appreciated securities to the Foundation. Then for the rest of your life you receive guaranteed fixed payments beginning immediately, with a portion of the payments tax free. Plus you qualify for the valuable Montana Endowment Tax Credit in the year you make the annuity gift. After your lifetime, the value of the annuity passes to the endowment designated in your annuity agreement.
To receive a free no obligation proposal, simply complete and return a Charitable Annuity Information Request Form available HERE, or contact Daniel Thies at the Foundation. The future of our Church will be brighter because of your commitment today.
Gift Annuity Rates:
|Age (Single Life)||Annual Payout Rate|
|60-64||4.3 – 4.6%|
|65-69||4.7 – 5.0%|
|70-74||5.1 – 5.6%|
|75-79||5.8 – 6.6%|
|80-84||6.9 – 7.8%|
|85-89||8.0 – 8.8%|
Minimum gift amount $2,500. Two-life rates available upon request. This information is not intended as tax advice; please discuss with your tax advisor. Rates displayed are effective January 1, 2020 .