What is a deferred charitable gift annuity?
If you’re under age 62, or older and not ready to receive income payments yet, you can fund one or more charitable gift annuities periodically to supplement your future retirement income. These deferred annuities will begin making payments when you reach age 62, or a later age you specify. Deferring the start date increases the payment rate. When you establish a deferred annuity, your gift isn’t used immediately because it’s invested to ensure lifetime payments for you and any joint annuitant you name.
