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Charitable Gift Annuity
(A Benefit of Aging)
How it works
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You transfer cash, securities, or other appreciate property to NSDAR.
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NSDAR pays you, or up to two annuitants you name, fixed income for life.
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The principal passes to NSDAR when the contract ends.
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Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the assets of NSDAR.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making a significant gift that benefits you now and NSDAR later.
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