Charitable Annunities

Charitable Annunities
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What objectives do you wish to accomplish? Check all that apply. 1)High interest rates (Higher than CD's) with tax deferral (Fixed Annuity.) Annuity interest rates are generally higher than those earned with CD's. Annuity's also earn interest tax deferred, whereas CD's require that the taxes on the interest be paid each year. You can choose to annuitize later if you wish to start receiving annuity payments. 2)Income for my lifetime only (Single/Straight Life Annuity.) If you choose this option the annuity income is paid throughout your life only. When you die, the income will no longer be paid. However, the income you will receive each year from a single life annuity will be greater than a joint life annuity. 3)Income that continues to another later (Joint Life Annuity.) This type of annuity will pay your spouse and/or loved one a percentage of the payment you received, after you have died. This means that after your death, your spouse and/or loved one will receive an income for the rest of their life.The greater the payment after your death to this person, the lower the payment will be to you during your lifetime. 4)Income that is guaranteed for a certain length of time (Guaranteed Annuity.) This type of annuity will guarantee that income is paid for a minimum period of time, referred to as the "certain period." This means even if you die before the end of the guarantee, the remaining payments left under the guarantee will be paid to your estate. 5)I'm not sure. I will decide after I get the information. 6)Other:
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Search 1) News For: Charitable Annunities

Bank of America Charitable Foundation Awards $500,000 Grant to the Enoch Pratt Free Library   Kenneth D. Lewis, chairman and chief executive officer of Bank of America Corporation, today presented a $500,000 donation from the Bank of America Charitable Foundation to the Enoch Pratt Free Library.

With donors worn out, charitable giving dries up  When Hurricane Rita blew the roof off Jane Moore's Port Arthur home three years ago, a faith-based group helped put her house and life back together. Now, the 47-year-old bank employee again finds herself in a shelter hundreds of miles from her hometown, wondering what damage Hurricane Ike may have done to the house she has lived in all her life.

Pratt gets $500,000 donation to install Wi-Fi  The Bank of America Charitable Foundation announced a $500,000 donation to the Enoch Pratt Free Library yesterday to provide free wireless Internet access at the Central Library and five other branches across Baltimore.

Enoch Pratt gets donation for wireless Internet access  $500,000 is from Bank of America Charitable Foundation Bank of America Charitable Foundation announced a $500,000 donation today to the Enoch Pratt Free Library to provide wireless Internet access at the Central Library and technological renovations to five branches across Baltimore.

Latest Additions  More than $645,000 to support Cape programs, projects and services is on its way from the Cape Cod Five Cents Savings Bank Charitable Foundation Trust.

Cape Commerce   The Cape Cod Five Cents Savings Bank Charitable Foundation Trust donated a total of $610,279 to local nonprofit organizations in 2007.

Search 2) News For: Charitable Annunities

Enoch Pratt gets $500,000 donation to install Wi-Fi  The Bank of America Charitable Foundation announced a $500,000 donation to the Enoch Pratt Free Library Thursday to provide free wireless Internet access at the Central Library and five other branches across Baltimore.

KSB's fund for seniors contributes to hospice   KENNEBUNK and#8212; Hospice of Southern Maine has received a grant for $10,000 from the Huntington Common Charitable Fund for Seniors of the Kennebunk Savings Bank Foundation. "The grant will be dedicated to building a larger oxygen room at the Gosnell...

Bank of America and Grand Rapids Children's Museum Join Forces to Bring Creative Learning to Grand Rapids Kids   The Bank of America Charitable Foundation today announced a $30,000 grant to the Grand Rapids Children's Museum Have a Heart Scholarship Program, bringing the museum's interactive, creative learning experiences to thousands of under-served youth.

Search 3) News For: Charitable Annunities

Search 4) News For: Charitable Annunities

Red Cross receives donation  Shelly Campbell of Red Cross, left, accepts a donation from Tony Dromgoole and Stephanie Elkins of Community National Bank and Trust of Texas.

Charitable Annunities

The Highest Annuity Interest Rates in the Country