How it Works

• You transfer cash or securities to AARP Foundation.
• You select a date range in the future when you will want to start payments.
• In the future, you select a date in the date range for payments to begin.
• Beginning on the specified date, AARP Foundation begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
• The remaining balance passes to AARP Foundation when the contract ends at the death of the last beneficiary.

Benefits

• Receive dependable, fixed income for life in return for your gift.
• Flexible start date allows you to alter the beginning of payments in the future, to meet your changing needs.
• Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
• The longer you wait to start payments, the higher your payout rate will be.

Note:

• The minimum gift requirement is $10,000.
• Annuitants must be at least 60 years of age to begin receiving payments.

Next

• More detail about charitable gift annuity – flexible payment.
• contact the Gift Planning Team so we can assist you through every step.