Deferred-Payment Gift Annuity

How It Works

1. Transfer cash or other property to Holy Name
2. Holy Name guarantees to make lifetime payments—for up to two annuitants—beginning at a future date of your choosing

Benefits

• Guaranteed payments for life that are favorably taxed
• When gift is funded with cash, part of payment will be tax-free
• When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
• Federal income-tax deduction for a portion of your gift
• Gift will provide generous support for Holy Name

More Information