How Can You Meet Financial Priorities While Supporting the Community?

03-16-2017 · Cole Society · Cole Women United · Tocqueville Society · Tocqueville Women United · Legacy Leaders

As you consider how to meet several financial priorities – how to live in retirement, how to plan for education and family needs, how to direct a portion of your estate to your favorite charities, and how to have an adequate return on many years of saving – consider a Charitable Gift Annuity (CGA).

CGA’s are a straightforward method of creating a guaranteed income stream for life. Through a simple contract between you and United Way of Greater Atlanta, you can transfer an asset of cash, appreciated stock, or IRA (not rollover gifts but you can fund a CGA at your passing with IRA monies to another person) to United Way and receive a fixed sum for a period measured by one or two lives. The remaining balance of a CGA ultimately passes to the United Way of Greater Atlanta.

Consider these benefits:

  • Dependable fixed income stream for life
  • Payments at a rate higher than many investment alternatives
  • Ability to convert an asset to an income stream
  • Tax savings: an upfront charitable deduction, partial tax-free income, and potential reduced capital gains tax

Those 60 years and above can take advantage of this option today. If you are 50 years old, you can create an income stream for retirement later.

Contact us confidentially for current rates. CGAs can give piece of mind while knowing you are supporting our community through United Way of Greater Atlanta. Help us to shape the future and solve problems we cannot even imagine today.

Eve Powell,