You transfer cash, securities or other property to ECS .
Beginning on a specified date in the future, ECS begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
The principal passes to ECS 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 ECS later.
If you are considering a deferred gift annuity, email us, complete the personal illustration form, or call us at (215)351-1460 so that we can assist you through every step of the process.
