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How It Works
- You transfer cash, securities, or other property to
Marywood.
- Marywood pays a fixed amount each year to you or to
anyone you name for life. Payments start at least one
year after your gift.
- When the deferred annuity ends, its remaining
principal passes to Marywood.
Benefits
- Charitable income tax deduction
- Fixed income guaranteed by Marywood
- Income may be partially tax free
- Deferred income payments
- May save capital gain tax
- Reduced estate taxes
- Generous support for Marywood
An excellent way to prepare for retirement by
building investment during high earning years and deferring
income until retirement.
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This page was last updated on Tuesday, January 5,
2004.
Copyright © 2004 by Marywood
University. All rights reserved.
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