CHARITABLE GIFT ANNUITIES

Establishing a Charitable Gift Annuity (CGA) allows you to make a gift to Saint Vincent Academy and ensure lifetime income with tax deduction benefits.  

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DEFERRED GIFT ANNUITY

For donors under the age of 60, or older donors who do not need immediate income, but would like to provide for increased income at a later date, such as retirement, a Deferred Gift Annuity (DGA) allows the donor to enter into the DGA today, receive a charitable income tax deduction this year, but defer the start of the annuity payments to a future date the donor selects. Because of the deferral, the charitable income tax deduction is larger, and the annual payment will be higher than with a current gift annuity.

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Please note: The information presented on these pages is not offered as legal or tax advice. You are encouraged to seek the advice of your tax advisor, attorney, and/or financial planner to determine which financial option is best for you. 

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