Want to increase your income and help Rotary at the same time? Rotary International has a suggestion for you. Note the following announcement from Rotary International.
Our Permanent Fund Committee is ready to help you and answer questions you might have about annuities and charitable trusts. There is a time limit to maximize your income especially if you act before February 1. For more information please contact Lucinda Kasperson at rotarylucinda@aol.com. We have experts to help you!
Many Rotarians consider the benefits of a Charitable Gift Annuity at The Rotary Foundation but hold off on making the gift until just the right time. January might be the best time all year to establish a Charitable Gift Annuity because The American Council on Gift Annuities recently announced it will reduce recommended annuity rates by .4% to .7% as of 1 February 2009. The IRS Discount Rate also continues to decline each month, thus lowering the charitable deduction allowed. Gifts made prior to 31 January 2009 will secure this month's higher benefits!
In these economic times, The Rotary Foundation relies on the generosity of Rotarians. In the U.S., a Charitable Gift Annuity is just one creative and generous way for Rotarians to ensure The Rotary Foundation can maintain and increase its ability to help others when it is needed most. Additionally, the donor has the security of fixed payments for life.
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