Office of Gift Planning: Winter Gift Annuity Flexible Postcard

Even if the road has not been plowed‌

…the path to a secure life income is clear.

Are recent stock market ups and downs making you feel a bit unsteady?

Consider the stability and solid return of an Andover flexible gift annuity: It offers a fixed income for life that starts when you need it.

For example, if you create a $10,000 flexible gift annuity at age 60 and defer annuity income until age 65, you would receive $590 (5.9%) a year for life. If you deferred the income until age 70, you would receive $760 (7.6%) a year for life.

More $10,000 examples:

Age at Creation

55

60

64

68

Age When Annuity Income Starts 65 67 70 $690 (6.9%) $760 (7.6%) $890 (8.9%) $590 (5.9%) $650 (6.5%) $760 (7.6%) $520 (5.2%) $570 (5.7%) $670 (6.7%) — — $590 (5.9%)

Additionally, you receive an income tax deduction in the year you make the gift.

Questions? Contact Andover’s Gift Planning Office at 978-749-4529 or giftplanning@andover.edu for details, or run your own anonymous calculations at www.andover.edu/webcalc.

Thank you for considering an Andover flexible gift annuity as part of your investment portfolio.

Photograph on opposite side: Oliver Wendell Holmes Library, 1956, by Cookson.

Archives and Special Collections, Phillips Academy, Andover

180 Main Street Andover, MA 01810-4161