Gift Annuities
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​Gift Annuities​​

​A charitable gift annuity is a simple agreement between you and The Masonic Charity Foundation of Connecticut. In exchange for your irrevocable gift of cash or securities, you receive a fixed income for life.

With a deferred gift annuity, the gift is generally made at a younger age, and annuity payments are deferred until a later date and time, typically one’s retirement. The rate is determined by your age when the payments will begin.

If you are interested in funding a charitable gift annuity with The Masonic Charity Foundation of Connecticut, please contact The Foundation at 203-679-5555 to request a personalized illustration.

Charitable Gift Annuities provide many benefits

  • A fixed income for life for you and/or a loved one
  • Partially tax-free annuity payments
  • An immediate income tax deduction
  • A reduction of your estate taxes
  • With a gift of low-yielding securities, you can increase your income
  • With a gift of appreciated securities, you can minimize capital gains taxes
  • A meaningful gift to further the work of Masonicare​

 

 

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