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June 27, 2023Charitable gift annuity payout rates have increased – allowing you the opportunity to benefit more from your giving and to help ensure that God’s good work continues. When you establish a charitable gift annuity with the archdiocese, not only will you receive fixed payments for life, but you can designate our parish as the remainder beneficiary.
You can schedule payments according to your financial needs, and enjoy immediate and future tax benefits, including a federal income tax deduction for a portion of your gift, if you itemize. Also, a portion of each annuity payment will be tax-free (through life expectancy). The funds remaining after your lifetime will support our pairsh or school - as designated by you.
