Many donors establish a series of Deferred Gift Annuities over several years, using funds they had already set aside for retirement saving. They set the commencement date for payments from these annuities to coincide with their or their spouse’s retirement. The safety and security of payments won’t fluctuate during your lifetime.

Two features make the Deferred Gift Annuity quite attractive to donors in high-earnings years who are concerned about securing current tax deductions and additional sources of retirement cash flow.

Josh McDowell Ministry can offer a higher guaranteed payments rate for these annuities than for annuities with payments that start immediately, and
You may receive a larger charitable income tax deduction than you could get from any other life-income gift plan.

Starting Steps:

• You transfer cash or securities to Josh McDowell Ministry. Our suggested minimum gift is $25,000.
• Starting on a specified date in the future, Josh McDowell Ministry begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
• Generally, Deferred Gift Annuities may be created by donors of any age. However, a beneficiary must be at least 40 years of age before deferred gift annuity payments begin.
• The remaining balance passes to Josh McDowell Ministry when the contract ends.

The deferral of payments permits a higher annuity rate and generates a larger charitable deduction. And you can schedule your annuity payments to begin when you need extra cash flow, such as retirement years. Payments are guaranteed and fixed, regardless of fluctuations in the market. The longer you elect to defer payments, the higher your payment will be.

You avoid all up-front capital gains taxes. If you fund your Deferred Gift Annuity with appreciated securities, only a portion of your gain is recognized, with the tax spread over your annuity payments. And part of each annuity payment to you is tax free.