Deferred-Payment Gift Annuity

Deferred-Payment Charitable Gift Annuity Diagram

 How It Works

  1. Transfer cash or other property to the Georgia Tech Foundation, Inc.
  2. The Georgia Tech Foundation, Inc., guarantees to make lifetime payments for up to two annuitants beginning at a future date of your choosing—minimum age 65 (You can establish a Flexible Deferred-Payment Gift Annuity if you aren’t sure when you would like to begin receiving payments.)
  3. Remainder to the Georgia Tech Foundation, Inc.

 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 Georgia Tech

 Next Steps

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