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Charitable Gift Annuity
A Sacred Heart gift annuity offers competitive returns along with immediate income tax savings.
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Sample Gift Annuity Payout and Effective Rates
| Age |
Actual Payout Rate |
Effective Payout Rate* |
65
70 |
|
5.30%
5.70% |
|
7.25%
8.08%
|
75
80 |
|
6.30%
7.10%
|
|
9.20%
10.68%
|
85
90+ |
|
8.10%
9.50%
|
|
12.61%
15.19%
|
*Effective rate reflects the impact of the tax-free income and the
charitable income tax deduction, and assumes a 28%marginal tax rate. |
Your Charitable Gift Annuity with Sacred Heart Major Seminary gives you the assurance of a guaranteed life income, helping you to find a measure of assurance in these uncertain economic times. And you are directly supporting Sacred Heart in its mission of training the priests, deacons, and lay ministers who will serve our parishes, our families, and future generations.
For more information and a free proposal, please call our Gift Planning Office at 313-883-8748 or email development@shms.edu. |
