CHARITABLE GIFT ANNUITY The Charitable Gift Annuity is an agreement between you and Las Olas Chabad Jewish Center to pay you or your designated beneficiary a fixed annuity for life. A CGA can be funded with cash, stock, and in most cases, real estate. The payments vary according to the age of the individual. You can enjoy significant tax benefits while providing a legacy gift to Las Olas Chabad Jewish Center.
Below are the current rates from the American Gift Annuity Council for a Single Life term as of November 7, 2016.
| Age | Rate |
|---|---|
| 65 | 4.7 |
| 70 | 5.1 |
| 75 | 5.8 |
| 80 | 6.8 |
| 85 | 7.8 |
| 90+ | 9.0 |
