How It Works

	You transfer cash, securities or other property to .
	Beginning on a specified date in the future, begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
	The principal passes to when the contract ends.

Benefits

• You receive an immediate income tax deduction for a portion of your gift.
  
  
• You can postpone your annuity payments until you need them, such as when you reach retirement or when a grandchild begins his or her college education.
  
  
• The longer you defer your payments, the higher the effective rate you will receive. In the meantime, the principal grows tax-free.
  
  
• You can have the satisfaction of making a significant gift now that benefits both you and later.