For Retired People 65 and Over You may receive generous fixed payments for life under the terms of a Charitable Gift Annuity. The payments will never change and will continue for your lifetime. The Charitable Gift Annuity may be purchased for one or two other people; the people need not be married, nor related. Upon your death, the remainder will pass to the Archdiocese. You are entitled to an income tax deduction in the year of the gift. In addition, for a period time, a portion of each payment may be free of income tax or taxed at capital gains rate. And, the amount used to fund the gift annuity may be free from gift and estate taxes. Benefits on a $10,000 Single-Life Charitable Gift Annuity Age Annuity Rate 65 5.5% 70 5.8% 73 6.1% 76 6.5% 80 7.2% 85 8.1% 90 9.5% These calculations are estimates of gift benefits; your actual benefits may vary. Rates are effective as of February 1, 2009 and have been approved by the American Council on Gift Annuities. For more information on gifts that benefit your heirs as well as the causes in which you most believe, call 646.794.3317. Or e-mail gift.planning@archny.org