Deferred Gift Annuity



    How It Works

    • You transfer cash or securities. Our minimum gift requirement is $10,000.
    • Beginning on a specified date in the future, you, or up to two annuitants you name began to receive fixed annuity payments for life.
    • Palo Alto Medical Foundation recommends that you are at least age 40 to fund the gift.
    • The remaining balance passes to Palo Alto Medical Foundation when the contract ends.

    Benefits

    • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
    • You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
    • Payments are guaranteed and fixed, regardless of fluctuations in the market.
    • The longer you elect to defer payments, the higher your payment will be.

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