Increase Font Size Decrease Font Size Print Page Contact Sam Houston State University

Deferred Gift Annuity

DGA Diagram

How It Works

  • You transfer cash or securities to Sam Houston State University. Our minimum gift requirement is $10,000.
  • Beginning on a specified date in the future, SHSU 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 SHSU 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.


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2017 VirtualGiving.com



Sam Houston State Logo

Sam Houston State University | Huntsville, Texas 77341 | (936) 294-1111 | (866) BEARKAT Member TSUS
© Copyright Sam Houston State University | All rights reserved. | Contact Web Editor