Charitable Gift Annuity

How it works

	You transfer cash or securities to Penn.
	Penn pays you, or up to two annuitants you name, a lifetime annuity.
	The principal passes to Penn when the contract ends.

Benefits

You receive an immediate income tax deduction for a portion of your gift.
Your lifetime annuity is backed by a reserve and the full assets of Penn.
Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
You have the satisfaction of making a significant gift that benefits you now and Penn later.

For more information

Email us, complete the personal illustration form, or call us at (800) 223-8236 so that we can assist you through every step of the process.