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Charitable Gift Annuity

If you're retired or plan to do so soon, a charitable gift annuity might help secure your future and help shape the future of blood cancer research. With a gift annuity of $10,000 or more, LLS will make fixed payments to you for the rest of your life. Afterwards, the funds will help save lives.

Your Benefits

  1. Attractive rates that are higher than many options
  2. Lower taxes thanks to a tax deduction when you purchase the annuity and partially tax-free payments during your expected life
  3. Fixed payments that never change regardless of market rates
  4. A lasting legacy because your gift annuity will support blood cancer research to save lives

As an example, a 70-year old donor creates a $25,000 gift annuity and receives an immediate tax deduction of more than $10,000. She enjoys a fixed-rate return of 5.1 percent but because more than 70 percent of her payment amount will be tax-free throughout her life expectancy, the equivalent taxable return during that time is higher.

After the donor's lifetime, the remainder of the annuity is invested in blood cancer research in her name. In this way, LLS' payments to you now will also help determine the future of those who face blood cancers.

For sample charitable gift annuity rates and frequently asked questions, click on www.lls.org/cga-faq

Or to see a gift illustration based on your specific age, contact Richard Schneyer, vice president of development, at 888-773-9958 or legacy@lls.org.

last updated on Wednesday, August 20, 2014
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