You can make a difference and increase your income for life!

Here's some exciting news that can boost your retirement income and support HonorHealth patient programs and community services like the Pediatrics program at HonorHealth Scottsdale Shea Medical Center. Charitable Gift Annuity (CGA) rates have increased. This is a tremendous opportunity for you and a great investment that would transform and save lives.

A CGA with HonorHealth Foundation is a gift that gives back. With a CGA, you can receive fixed payments for life, avoid capital gains tax on the sale of your appreciated property and enjoy the benefit of tax savings from a charitable deduction.

How you may benefit

Under the old rate schedule, John, 79, transfers $50,000 in exchange for a charitable gift annuity. He will receive annual payments of $3,300, a rate of 6.6 percent. With the new rate schedule, the same gift amount will provide $3,550 in annual payments, reflecting a 7.1 percent rate. That's a payout rate increase of approximately 7.5 percent.


New rate charts

One recipient

Two recipients

Age

Rate

Ages

Rate

75

6.2%

75/80

5.7%

80

7.3%

80/85

6.6%

85

8.3%

85/90

8.0%

90+

9.5%

90/95+

9.3%


Your gift can change everything

The pediatric patients at HonorHealth Shea Medical Center have their own special star watching over them. The sparkling lights on the ceiling are a lasting reminder of the late Lieutenant General Frank Sackton, one of Arizona's most notable military figures. A charitable gift annuity enabled General Sackton to achieve his goal of sound financial investment while also serving as a champion for HonorHealth's littlest patients.

"We fondly remember how General Sackton's devotion and caring spirit touched the lives of our young patients and their families in very special ways. From the General Electric Giraffe Omnibed, a state-of-the-art incubator/warming bed that emulates a womb-like environment for preemies, to the addition of a child life specialist in the emergency room, General Sackton's philanthropy made a world of difference," says Jan Miller, vice president, major gifts.

Learn more about this giving opportunity - how you can help and receive these financial gains. The experienced Planned Giving team would be happy to send you a free, customized illustration showing the increased benefits you can receive. The illustration will include your potential income tax charitable deduction and annual payments to you for life. Call 480-587-5027 or email HonorHealth [email protected].

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