Deferred Gift Annuity​
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          Deferred Gift Annuity

          DGA Diagram

          How It Works

          • You transfer cash or securities to Edinboro University. Our minimum gift requirement is $10,000.
          • Beginning on a specified date in the future, Edinboro University begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
          • Beneficiaries are recommended to be at least 65 to begin receiving payments and must be at least 40 to fund the gift.
          • The remaining balance passes to Edinboro University when the contract ends.

          Benefits

          • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
          • You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
          • Payments are guaranteed and fixed, regardless of fluctuations in the market.
          • The longer you elect to defer payments, the higher your payment will be.

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