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Making a Planned Gift is an effective way to meet both your philanthropic and financial goals. Since management of our finances is an act of stewardship, we look at both the practical aspects of finances, including taxation, estate planning and wise investments, as well as the spiritual and charitable dimensions of giving.
The Salvation Army's Planned Gifts Program offers a complete selection of alternatives as a means of reducing taxes,
increasing income, and fulfilling your charitable goals.
We look forward to working with you to help determine the one most appropriate for you.
Through a BEQUEST in your Will, you can help ensure the work of The Salvation Army will continue to meet the needs of those in the Southern New England area.
If you are over 55, and seeking a safe and secure investment for cash or stocks worth $5,000+, and desire income for the rest or your life, CHARITABLE GIFT ANNUITIES are a great vehicle for you.
If you are planning for retirement, and you want to have assured, high yield income after you stop working, a DEFERRED-PAYMENT CHARITABLE GIFT ANNUITY may be perfect for you.
If you have over $100,000 to invest, and you want to help direct the way it is invested, a CHARITABLE REMAINDER TRUST is the way to go.
If you are in high-earning, high-tax years, are seeking a tax-wise means of passing principal on to your heirs, while still providing a charitable intent, a CHARITABLE LEAD TRUST, is very effective.
An alternative to a Bequest is a BENEFICIARY DESIGNATION of your bank account(s), Life Insurance Policies or Retirement Accounts.
Still Not sure which one is right for you?? View the GIFT COMPARISON CHART, or call Michael Afflitto for additional information.
IRA GIFTS
The Tax Extenders and Alternative Minimum Tax Relief Act of 2008 extended an excellent charitable planning opportunity for both 2008 and 2009. This act permits an IRA owner age 70-1/2 or older to make a direct transfer to charity. The transfer may be up to $100,000 in one year and this IRA rollover will exist for year 2008 and year 2009. For details about the benefits of the IRA CHARITABLE ROLLOVER (click here) and for a SAMPLE LETTER (click here) for your plan administrator.
Michael Afflitto
Director of Planned Giving
Southern New England Division
855 Asylum Avenue
Hartford, CT 06105
Toll Free: 1-888-468-5356
Tel: 1-860-543-8406 Ext 149