Shenandoah Magazine Fall 2013 | Page 37

a l u m n i f e at u r e s WORRIED ABOUT THE ECONOMY, LOW INTEREST RATES AND THE STOCK MARKET? A Shenandoah University charitable gift annuity offers a fixed, guaranteed income stream, partly tax-free—with payout rates as high as 9% depending on your age — that is guaranteed and not affected by market conditions or other changes in the economy. Gift annuities are secured by the entire asset base of the university. In addition to this lifetime income for one or two people, gift annuities also provide immediate income, capital gains and estate tax savings. “I heard I could receive a very good return with a gift annuity. In addition to fixed payments for life and helping the university, I benefit from a large tax savings this year. Best of all, part of each payment is tax free.” Sample One-Life Annuity Payout Rates (lower two-life rates are available) AGE ACTUAL PAY OUT RATE EFFECTIVE PAYOUT RATE* 75 5.80% 9.73% 80 6.80% 11.73% 85 7.80% 14.04% 90+ 9.00% 16.80% * effective payout rate reflects the impact of tax-free income and the up-front charitable deduction, and assumes a 35% marginal tax rate Learn More. To learn more about how a charitable gift annuity can help you and our mission, contact Senior Director of Advancement Brad Snowden at (888) 697-2111 or [email protected]. Also visit www.su.edu/plannedgiving. magazine 35