Deferred Gift Annuity

How it works

	You transfer cash, securities or other property to Volunteers of America.
	Beginning on a specified date in the future, Volunteers of America begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
	The principal passes to Volunteers of America when the contract ends.

Benefits

• Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
• You can target your annuity payments to begin when you need them, such as retirement or when a grandchild needs help with tuition payments.
• The longer you defer payments, the higher the effective rate you will receive.
• You have the satisfaction of making a significant gift now that benefits both you and Volunteers of America later.