It’s the best time in a long time to consider the gift that pays you and/or someone you designate: a charitable gift annuity.
Payout rates went up again Jan. 1, 2024, and are higher than they have been in 16 years. Seize the moment by considering this amazing gift that provides you and/or someone you designate with stable, regular payments—regardless of the economy.
After your lifetime (or the lifetime of someone you designate), the remaining amount becomes part of your legacy at Hadassah, allowing us to thrive far into the future.
How It Works
With a charitable gift annuity, you make a donation using cash, marketable securities or other assets to Hadassah, and we, in turn, pay you and/or someone you designate a fixed amount for life. You and/or someone you designate will receive reliable, predictable payments for your lifetime (or the lifetime of someone you designate).
For Example
Barbara, 72, transfers $25,000 in exchange for a charitable gift annuity. She will receive annual payments of $1,650, a rate of 6.6%.
*Based on a 5.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Build Your Own Gift Annuity
Now calculate your benefits! Input a few details and see how a charitable gift annuity can benefit you.
Charitable Gift Annuity Rate Charts
One Recipient
Age | Annuity Rate |
---|---|
60 | 5.2% |
65 | 5.7% |
70 | 6.3% |
75 | 7.0% |
80 | 8.1% |
85 | 9.1% |
90+ | 10.1% |
Two Recipients
Ages | Annuity Rate |
---|---|
60/65 | 4.8% |
65/70 | 5.2% |
70/75 | 5.8% |
75/80 | 6.5% |
80/85 | 7.3% |
85/90 | 8.7% |
90/95+ | 9.9% |
These rates are subject to change. Please contact us for a personalized example.
Additional Benefits
With this gift, you’ll also enjoy:
- A partial income tax charitable deduction for your gift when you itemize.
- Part of each payment being income tax-free throughout your estimated life expectancy.
Tip: You Have Funding Options
Give Appreciated Assets
Funding a charitable gift annuity with appreciated assets, such as securities, will not only provide you (and/or someone you designate) with reliable payments for life and allow you to support Hadassah's work, but it can offer financial benefits. You will receive a federal income tax charitable deduction (when you itemize) in the year the gift is made and eliminate part of the capital gains tax you would have paid if selling the securities. And if you have stocks that produce low-yield dividends, you may be able to increase your payments.
Give From Your IRA
If you are 70½ or older, you can make a one-time election for a qualified charitable distribution of up to $53,000 (without being taxed) from your IRA to fund a charitable gift annuity. Special rules apply, so contact Planned Giving & Estates at (800) 428-8884 or giving@hadassah.org for more details.
Request Your Personalized Example
We would be happy to send you a free, no-obligation calculation showing you the increased benefits you can receive from a charitable gift annuity. Your personalized calculation will include your potential income tax charitable deduction and Hadassah's annual payments to you for life. Contact Planned Giving & Estates at (800) 428-8884 or giving@hadassah.org to begin.
Calculate Your Benefits
Input a few details and see how a charitable gift annuity can benefit you.