Gifts That Pay You Income

Did you know there's a gift to Boyertown Area Multi Services that returns payments to you? Yes, the IRS allows and encourages these creative plans that can stretch your giving ability. Here’s how they work:

Some of the best ways to support Boyertown Area Multi Services are available through life-income gifts. These "Gifts That Pay You Income" help you make a substantial gift to Boyertown Area Multi Services while increasing your income!

The plans described here all have one substantial advantage over investment vehicles you read about elsewhere: these plans produce generous gifts to Boyertown Area Multi Services. So, while you will receive income for life or a set period of time, you can provide for yourself and Boyertown Area Multi Services today.

Which life-income gift best fits your needs?

Charitable Gift Annuity

How It Works
  • You transfer cash or securities to Boyertown Area Multi-Service. Our suggested minimum gift requirement is $5,000.
  • Boyertown Area Multi-Service pays you — yourself and a spouse, or any two beneficiaries you name — a fixed income for life.
  • Beneficiaries are recommended to be at least 55 years of age at the time of the gift.
  • The remaining balance will be applied by the organization to the purpose you stipulated, when you signed the annuity contract.
Benefits
  • Receive dependable, fixed income for life in return for your gift.
  • In many cases, receive payments at a rate higher than the interest you are currently receiving from stocks, CDs, or savings accounts.
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax-free.

Deferred Gift Annuity

Benefits
  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can target your annuity payments to begin when you need them, such as retirement.
  • The longer you elect to defer payments, the higher your payment will be.
How It Works
  • You transfer cash or securities to Boyertown Area Multi-Service  Our suggested minimum gift requirement is $5,000.
  • Beginning on a specified date in the future, Boyertown Area Multi-Service begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  • Beneficiaries are recommended to be at least 55 to begin receiving payments and must be at least 40 to fund the gift.
  • The remaining balance passes to the organization when the contract ends.
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