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Planning |
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How It Works
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You transfer cash, securities or other property to The University of North Carolina at Asheville Foundation, Inc .
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Beginning on a specified date in the future, the UNC Asheville Foundation, Inc. begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
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The principal passes to the UNC Asheville Foundation, Inc. when the contract ends.
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Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- You can postpone your annuity payments until you need them, such as when you reach retirement or when a grandchild begins his or her college education.
- The longer you defer your payments, the higher the effective rate you will receive. In the meantime, the principal grows tax-free.
- You can have the satisfaction of making a significant gift now that benefits both you and the UNC Asheville Foundation, Inc. later.
More
For more information
If you are considering a deferred gift annuity, email us, complete the personal illustration form, or call us at (828) 232-2430 so that we can assist you through every step of the process.
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