What a Gift Annuity Gives You
By: Source: AARP Bulletin Today Date Posted: 2002-05-01 07:55:00-04:00
A person who gives $10,000 to a charity through a charitable gift annuity receives the following:
| Age | You receive annually | One-time tax deduction | Rate |
| 60 | $640 | $2,792.58 | 6.4% |
| 70 | $720 | $3,660.26 | 7.2% |
| 80 | $890 | $4,549.46 | 8.9% |
| 90 | $1,200 | $5,575.36 | 12% |
Most charities change rates every July 1. Rates shown are for one-person annuities; rates for two-person annuities are lower.
Source: AARP Andrus Foundation
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