Retirement Gift Annuity

Paula is a young, active woman, but felt the need to begin planning for her retirement. She did have an IRA through her employer, but over the past several years it has not grown as she had hoped.

Paula met with the estate planning officer at Eisenhower Medical Center.

Paula: My main concern was that my current retirement plans were not sufficient for me to retire at the earlier age I had hoped to. In talking with the estate planning officer at Eisenhower Medical Center I learned that I could make a gift today, receive a current income tax deduction, and at some future date, which I don?t have to choose now, I will receive a much larger return than I could possibly get anywhere else.

He explained to me that this is a flexible deferred gift annuity. The money I give today continues to earn interest. When I decide that I want to begin receiving an income, all I have to do is write to him and the payments will begin.

The longer I delay receiving payments the higher the interest rate I will receive. But the real key for me is that I am in control. I determine when I want to receive more income.

For more information call or email Betty Wolf, Vice President, Foundation, at 760-773-1888 or [email protected].