Your hearts made a Middlebury connection, and here’s a connection your minds will love.
A Middlebury Charitable Gift Annuity (CGA) honors the life you've made together. It supports your College, and it can help support you with income for both your lifetimes.
A gift for Middlebury—and a fixed income for life.
A deferred charitable gift annuity (CGA) can be a powerful retirement tool. Income from many sources—such as stock dividends—can be erratic. Instead, make a gift of $10,000 or more to Middlebury now, and you'll receive a dependable income for life—at highly competitive rates —when you retire. Currently, two Midd sweethearts, age 50, who set up a Middlebury CGA will receive an annuity rate of 7.9 percent, if they choose to defer payments until after age 65. The later that you begin receiving payments, the higher the rate.
What are the benefits?
You'll receive a quarterly income that will never vary—for one or two beneficiaries—as well as an income tax deduction for a portion of your gift. In most cases, you'll receive tax relief on some of your annuity income. If you fund the annuity with appreciated stock, you'll also receive favorable capital gains tax treatment.
Try our self-help gift calculator to learn more.
You can establish a CGA with:
- Appreciated stock
- A minimum gift of $10,000
- Payments deferred to begin at a later date, providing you with a higher payout rate
Learn how this could work for you
Let’s talk about an annuity that’s a perfect match for the two of you. Contact Anne McMenamin or Deb Wales, our gift planning professionals, for ideas tailored to your situation. There is no fee or obligation for this service.