Better answer the door. Why? The SECURE 2.0 Act allows you to distribute funds from your IRA—up to $53,000* of your annual Qualified Charitable Distribution limit (QCD)—into a Charitable Gift Annuity.**
That charitable distribution amount is both retirement income for you, and a gift of support to a ministry you choose. Even better, this distribution can count toward your IRA’s annual Required Minimum Distribution (RMD). This doesn’t happen every day. In fact, you’re permitted to take advantage of this unique opportunity only once.
Why a Charitable Gift Annuity?
A Charitable Gift Annuity enables you to receive dependable lifetime fixed payments and leave a gift to the ministry of your choice. This opportunity created by the SECURE 2.0 Act is a win-win.
Call 844.421.3686 to discuss your specific situation.
*Indexed annually for inflation
**Also available for Charitable Remainder Unitrust (CRUT) or Charitable Remainder Annuity Trust (CRAT)
Certain restrictions apply
Except for California, your Assemblies of God Charitable Gift Annuity will be issued by Assemblies of God Foundation (“AG Foundation”) and will be a general obligation of the organization. Charitable Gift Annuities are not available in Alabama, Hawaii, Montana, New Jersey, New York, or Washington.
Additional information for California residents: Annuities are subject to regulation by the State of California. Payments under this agreement, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. AG Foundation does not practice law and no legal advice is provided. If you need legal advice, you should consult your own legal counsel. Your Assemblies of God Charitable Gift Annuity will be issued by the General Council of the Assemblies of God (“General Council”) and will be a general obligation of that organization. AG Foundation is responsible for the management of your gift annuity.
Additional information for Oklahoma residents: A Charitable Gift Annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association with the Oklahoma Insurance Department.
Additional information for South Dakota residents: Charitable Gift Annuities are not regulated by, and are not under the jurisdiction of, the South Dakota Division of Insurance.
AG Foundation is an affiliated entity of Assemblies of God Financial Services Group DBA AGFinancial.
