Deferred Gift Annuity

DGA Diagram

How It Works

  • You transfer cash or securities to Proverbs 31 Ministries. Our suggested minimum gift requirement is $10,000.
  • Beginning on a specified date in the future, Proverbs 31 Ministries begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  • Beneficiaries are recommended to be at least 65 to begin receiving payments and must be at least 40 to fund the gift.
  • The remaining balance passes to Proverbs 31 Ministries when the contract ends.

Benefits

  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
  • Payments are guaranteed and fixed, regardless of fluctuations in the market.
  • The longer you elect to defer payments, the higher your payment will be.


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About Proverbs 31

Proverbs 31 Ministries is a non-denominational, non-profit Christian ministry that seeks to lead women into a personal relationship with Christ, with Proverbs 31:10-31 as a guide.
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In a day and time when the world is trying to quiet biblical truth, Proverbs 31 Ministries is determined to help women engage with God’s truth like never before through the resources we offer each day.
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