Deferred Gift Annuity
- You make a gift and defer your fixed income payments until a future date.
- You must be 30 years old to set up and at least 50 to receive payments.
- This is best for someone looking to meet future financial objectives.
- Benefits – guaranteed fixed income for life, defer payments until you need them, income tax charitable deduction, no capital gain tax on transfer of assets and knowing that your assets are making a difference for the chapter.