YOUR CHOICE - until July 1:
A Higher Income for Life?
OR
A Higher Charitable Deduction?

A Gift Annuity with Pen Bay Healthcare provides a dependable income for your lifetime, and if you wish, the lifetime of someone you select. A Gift Annuity is, in part, considered a charitable gift, so it entitles you to charitable income deductions as well as a regular income.

Now, because the rates for charitable gift annuities will change on July 1, 2008, you may choose which benefit you’ll most enjoy.

Choose to make your gift before July 1 and you’ll receive a somewhat higher income rate for the rest of your life. 
OR
Choose to make your gift after July 1, and you’ll receive a somewhat higher charitable tax deduction for 2008.

For example, Myra N. from Hope is 75; if she starts her $20,000 Gift Annuity before July 1 she’ll receive a return every year of her life of $1,420.00 or 7.1 percent. Her charitable deduction for this gift in 2008 would be $7,858.

However, if she completes the Gift Annuity to start after July 1, then her income will be set at $1,340 or 6.7 percent, while her charitable deduction increases to $8,294!

Which fits your needs best?
YOUR CHOICE - until July 1, 2008.
Act now to discuss which would be suitable for you.

If you have any questions or would like to discuss your gift plans, please contact Philip F. McKean, PhD, CFRE at (207) 594-6717, or via e-mail at pmckean@penbayhealthcare.org.