Would you like to give to charity—and be rewarded for it financially? SEFCU, through our partnership with UVEST**, is here to help you find the charitable giving strategy that best meets your objectives and minimizes your taxes. Call our experienced Investment Representatives at 518-862-1955 or 800-727-3328 (outside the 518 area code) or e-mail sefcu@uvestmail.com to find out more.
One option to consider is:
Charitable gift annuities. When you pay into this kind of annuity*, you not only benefit the charity of your choice, but also reap these advantages:
• A steady stream of income during retirement. (As with any annuity, the amount you receive depends on your age, the value of your contribution, and whether the payout covers you alone or both you and your spouse.)
• An income tax deduction at the time you make your gift.
• Exclusion of the assets in the annuity from estate taxes.
• The option to personalize the account with the name of your choice (such as “The Smith Family Fund”) and name successors on your account to create a lasting legacy.
Of course, as your annuity contributions grow, you can choose to use these additional funds to support more giving in the future.
*You should consider a variable annuity’s risks, charges and expenses carefully before investing. Contact your Financial Advisor to request a prospectus, which contains this and other information about a specific variable annuity. Read it carefully before you invest. Past performance is no guarantee of future results. Investment return and principal value of a variable annuity will fluctuate, causing shares, when redeemed, to be worth more or less than their original cost. Withdrawals made prior to age 59 1/2 may result in an IRS penalty.
**Securities are offered by, and Investment Consultants are registered with, UVEST Financial Services, member FINRA/SIPC. UVEST is independent of any financial institution. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. UVEST Financial Services U.S. registered representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.
| Not NCUA Insured |
Not Credit Union Guaranteed |
May Lose Value |
| Not Guaranteed by any Government Agency |
Not a Credit Union Deposit |