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Gift Annuity Illustration
| United
Church of Christ |
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| Charitable Gift Annuities
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| July 2008 |
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| Examples of rates and deductions
for a gift of $10,000 |
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| Charitable
Gift Annuity |
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Age of |
Payout |
Annual |
Charitable |
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Beneficiary |
Rate (%) |
Income ($) |
Deduction ($)
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| One Life |
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60 |
5.5 |
550 |
2,827 |
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70 |
6.1 |
610 |
3,988 |
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75 |
6.7 |
670 |
4,484 |
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80 |
7.6 |
760 |
4,961 |
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| Two Lives |
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65 & 60 |
5.3 |
530 |
2,077.40 |
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70 & 65 |
5.5 |
550 |
2,659.70 |
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75 & 70 |
5.8 |
580 |
3,263.10 |
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| IRS Discount Rate for July 2008 = 4.2%. This figure changes monthly and will affect
the donor's charitable deduction |
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Donors of appreciated securities
or other property will enjoy delayed and reduced capital
gains taxes.
| For a personalized calculator of gift annuities and other planned gifts, go to ucc.org/giving and click on "gift calculation" under Section Menu on the left side of the page. |
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