Deferred Gift Annuity
How It Works
- You transfer cash or securities to American Rivers. Our suggested minimum gift requirement is $10,000.
- Beginning on a specified date in the future, American Rivers begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
- Beneficiaries are recommended to be 65 or older to begin receiving payments and must be at least 50 to fund the gift.
- The remaining balance passes to American Rivers when the contract ends.
- 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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