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DON’T SETTLE FOR LOW INTEREST RATES
WHEN WE CAN OFFER YOU MORE
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With a Shaare Zedek Charitable Gift Annuity, this Will Never Happen to You!! | |
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What is a Gift Annuity?
A Gift Annuity is a contract under which the American Committee for Shaare Zedek Medical Center in Jerusalem, Inc., (authorized by New York law) commits to paying a fixed-rate lifetime income to one or two individuals (contingent on age) based upon an irrevocable gift made to Shaare Zedek.
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The following chart shows some representative rates of return for a Shaare Zedek Gift Annuity which is determined based upon the age of the individual who will receive the payments and if there is one annuitant or two:
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Why Purchase a Gift Annuity?
A Gift Annuity is a secure way to lock in high rates, particularly now, while interest rates are so low. Since fixed income investments like bank CDs, money market funds, savings accounts and Treasury Bills are now paying historically low returns, a lifetime fixed income instrument like a Shaare Zedek Gift Annuity, which pays a higher rate, may prove quite beneficial for people who depend on income from their investments to pay their costs of living.
Using cash or securities to purchase a Shaare Zedek Gift Annuity, you will obtain a fixed rate based upon the age or ages of one or two beneficiaries. Part of each annuity payment is tax-free. In addition, you can claim part of the purchase price as a current income tax charitable deduction that may reduce your income taxes. The charitable portion of the Gift Annuity purchase price will be available to Shaare Zedek in the future to enable the Medical Center to carry on its important work.
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For more information including a free confidential no-obligation personal calculation of your Shaare Zedek Gift Annuity, please contact Phyllis Reiss, the Planned Giving Officer of The American Committee for Shaare Zedek Medical Center, by phone (212-764-8057), fax (212-221-0958) or by e-mail at preiss@acsz.org.
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"In my time of need Shaare Zedek was there for me not just physically but emotionally as well. I will never forget the compassion, the expedient treatment and the superb care I received when I entered the hospital’s doors. I knew right away that I wanted to somehow support this wonderful institution, and creating a Shaare Zedek gift annuity was a way for me to earn income while also helping the hospital."
MORRIS FELDER
SAN DIEGO, CA |
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