Charitable Gift Annuities
Do you want more income for your retirement years? Do you want to receive guaranteed annual income while making a gift to Sacred Heart, St. John the Baptist or St. Joseph? The Diocese of Sioux City is licensed through the State of Iowa to act in the interest of donors and Catholic entities in the Diocese of Sioux City to administer Charitable Gift Annuities. Depending on the donor’s age, the return on investment can be quite substantial and provide competitive rates of return as well as potential significant tax savings to donors. Check with your financial adviser or the diocesan Office of Stewardship for more information – 712.233.7524.
Did you know that the average age of a farmer in Iowa is 57 years old? This is also the age when many people begin to make plans for their retirement in the next 10-15 years. Farmers have a unique problem to deal with when they retire: What to do with their farmland? Consider gifting farmland to Sacred Heart, St. John the Baptist or St. Joseph providing lasting financial support and preserving your Catholic heritage. Farmland donations can be in the form of a Charitable Gift Annuity which can decrease the amount of your capital gains as well as provide you with income for life.