Getting older has its rewards. For example, consider the way gift annuity rates increase with age. A 70-year-old person who donates $10,000 to Masonic Homes for a charitable gift annuity can receive $720 every year from the annuity for the rest of his or her life. However, if that same person were to obtain a gift annuity at age 85, the payment rates would jump to 10.4 percent and she or he would get $1,040 each year. So, you see, aging has a silver lining.

The chart below shows the various Masonic Homes' gift annuity payout rates currently in effect for selected ages. The figures relate to a single-life gift annuity. As you might expect, rates are somewhat lower when two persons receive income from an annuity.

Many of our older donors also appreciate the stability of gift annuity payments. Once established, the rates are "locked in" and annuitants can count on receiving the same amount every year. Payments may be received annually, semi-annually, quarterly or even monthly.

Another benefit of a charitable gift annuity relates to taxes. Not only does one receive an income tax charitable deduction when funding a gift annuity, there is also the possibility of income that is partially tax free for a period of time.

Perhaps the most enjoyable part of a Masonic Homes' gift annuity is the ability to give without endangering retirement income. In fact, just the opposite is often true. Depending on their circumstances, sometimes our donors actually increase their retirement income by obtaining a gift annuity with low-yielding assets, such as certain stocks or even cash.

To learn more about Masonic Homes' gift annuity program, at no cost or obligation, use the handy coupon to request information or call Bro. Alvin Blitz, Chief Director of Gift Planning, or Bro. John McFadden, Director of Gift Planning - East Region at 1-800-599-6454.