Charitable Gift Annuity

CGA Diagram

How It Works

  • You transfer cash or securities to Exeter.
  • Exeter pays you or one other beneficiary you name fixed income for life.
  • The remaining balance passes to Exeter when the contract ends at the death of the last beneficiary.

Note:

  • Beneficiaries must be at least 55 at the time of the gift.
  • Our minimum gift requirement is $10,000.

Benefits

  • Receive dependable, fixed income for life in return for your gift.
  • In many cases, increase the yield you are currently receiving from stocks or CDs. 
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax-free.

Next: Tell me more...

Please contact us so that we can assist you through every step of the process.

Questions and Answers


How are the annuity payments guaranteed?

Is it better to give cash or appreciated securities for my gift annuity?

Can I include my children as income beneficiaries of my gift annuity?

What’s the difference between a commercial annuity and a charitable gift annuity?

Can I defer my annuity payments?