Deferred-Payment Gift Annuity

How It Works

1. An individual transfers cash or other property to UJA-Federation
2. UJA-Federation makes payments for the life of one and up to two annuitants (payments are backed by UJA-Federation's assets), as documented in a written agreement
3. The balance of the transfer inures to UJA-Federation following the lives of the annuitants
   

Benefits

• 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 gift based on actuarial calculations
• Gift will provide generous support for UJA-Federation

Read a detailed description of this gift

*The information contained herein is offered for general informational and educational purposes. The figures cited are accurate at the time of writing. State law may affect the results illustrated. This is not legal advice. Any prospective donor should seek the advice of a qualified estate and/or tax professional to determine the consequences of their gift. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.

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