Are you uncomfortable letting your future retirement dollars ride the ups and downs of the stock and bond market? Do you consider short-term money market rates too unstable and less than appealing?

You can choose a secure vehicle for your money and incorporate a gift supporting our efforts through an annuity trust.

With this plan, you will receive a fixed dollar income for life, which is an excellent way to supplement retirement income for yourself and your spouse or another beneficiary. Later, the remaining balance will be distributed to Jewish Community Foundation of Los Angeles, supporting our critical needs.

At the outset, you decide the amount to be paid to you each year from the trust, knowing this income will remain certain and unchanged. Then you give money or other assets or both to an annuity trust you create with your legal advisors.

Assuming you itemize your deductions on your federal income tax return, you can take a sizable income tax charitable deduction in the year that you establish your trust.

Example: This year, Earl, aged 80, gives $100,000 in cash to an annuity trust. He chooses a lifetime income of $6,000 annually, payable quarterly, for himself and his 80-year-old wife, if she survives him. Earl is entitled to a charitable deduction of $41,450 (assuming quarterly payments and a 2.4 percent charitable midterm federal rate). He uses this deduction on his federal income tax return this year, up to 50 percent of his adjusted gross income, carrying over any excess up to five years.

At the termination of the trust, Earl's trustee will distribute the balance to Jewish Community Foundation of Los Angeles.

Calculate how a charitable remainder annuity trust can benefit you.

Calculate how a charitable remainder unitrust can benefit you.

Please contact Development Office at 323-761-8704, or via e-mail at development@jewishfoundationla.org, for more information.