Gifts That Pay You Income
There's a way for you to support Lehigh University and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
An Example of How It Works
Dennis, 66, and Mary, 65, want to make a contribution to Lehigh University but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity.
Based on their ages, they will receive a payment rate of 3.9%, which means that they will receive $780 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $4,878* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Watch a brief video to learn more about charitable gift annuities.
See How It Works
Additional Resources
Additional Resources
Fill out a brief form to learn more about the many benefits of a charitable gift annuity in our FREE guide Strengthen Your Future With a Charitable Gift Annuity.
Download and View Your GuideGifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options. Fill out a brief form to download your FREE copy of the guide Plan for Retirement With a Deferred Gift Annuity.
Download and View Your GuideCalculate Your Benefits
Submit a few details and see how a charitable gift annuity can benefit you.
Personal Estate Planning Kit
Not Sure How to Begin Planning? Fill out a brief form to download your FREE copy of the guide.
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