With your gift of cash, stocks, bonds or mutual funds, you will receive annuity
payments covering a maximum of two lives. These payments are backed by the general
resources of Berks Visiting Nurse Association. The minimum funding for a gift is
$5,000.
Immediate Benefits:
- Simple process to arrange a gift for the children
- Opportunity to enhance retirement income
- Ability to continue support for a loved one
- Potential income tax savings on annuity payments
- Availability of a charitable deduction
Sample of single-life annuity payments based on a $10,000 gift, calculated using
the following ages:
| Age |
Gift Annuity Rate |
Gift Annuity Payment |
Tax Free Portion |
Taxable Portion |
| 65 |
5.3 |
530 |
336 |
194 |
| 75 |
6.3 |
630 |
445 |
185 |
| 85 |
8.1 |
810 |
635 |
175 |
Rates are based on recommendations by the American Council on Gift Annuities, effective
08/01/2009. Tax-free portions relate to normal life expectancy, becoming ordinary
income thereafter.
To receive a personalized illustration, please contact:
Director of Development
Berks Visiting Nurse Association
1170 Berkshire Blvd.
Wyomissing, PA 19610
(610) 378-0481 ext. 3234
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