Guaranteed Payments for Life! Charitable Gift Annuities
The University of St Michael’s College offers charitable gift annuities.
A Charitable Gift Annuity directly assists current and future students at St Michael’s. You receive a charitable donation receipt for your gift that can be used immediately.
St Michael’s College is pleased to assist you by providing a no-obligation annuity quote. For more information on Charitable Gift Annuities with the University of St Michael’s College, please contact:Gift Planning
Note: The minimum age to purchase an annuity is 65 and the minimum contribution amount is $10,000.
This information provided is general in nature, does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice. We strongly encourage you to seek professional legal, estate planning and/or financial advice before deciding upon your course of action.
Your decision to invest in a Charitable Gift Annuity will provide you with secure payments at a guaranteed rate, which will continue unchanged throughout your life. Annuity payment rates are based on the capital amount of the gift, the interest that it earns and the individual’s age and gender. The payments are often tax-free, making them very attractive. Annuity Payment Rates: Up to 10% Tax-Free Portion on Income: Up to 100%
Charitable Registration Number: BN 11927 9321 RR 001