Charitable Gift Annuity

 

How it works

1

You transfer cash or securities to Wasatch.

2

Wasatch pays you, or up to two annuitants you name, fixed income for life.

3

The principal passes to Wasatch when the contract ends.


 

 

Benefits

  • You receive an immediate income tax deduction for a portion of your gift.
  • Your annuity payments are guaranteed for life, backed by a reserve and the assets of Wasatch.
  • Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
  • You can have the satisfaction of making a significant gift that benefits you now and Wasatch later. 

Charitable Gift Annuities details

Gifts of Cash details page

Back to All Gifts-at-a-Glance

 
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