Mutually Beneficial IT PAYS TO MAKE A GIFT TO LYCOMING. You can make a substantial gift to Lycoming College for a purpose that’s important to you and increase your annual income by taking advantage of a life-income gift. Many Lycoming alumni have taken advantage of this mutually beneficial opportunity by funding a Charitable Gift Annuity (CGA) — and you can, too! Here’s how it works: CHARITABLE GIFT ANNUITY You establish a Charitable Gift Annuity (CGA) by donating $10,000 or more in cash or appreciated assets. You receive guaranteed annual income from Lycoming College for the rest of your life. You may also receive a charitable tax deduction in the year you make the donation. The remainder goes to Lycoming College for a purpose designated by you. YOU Contact Robb Dietrich, assistant vice president for major and planned gifts, at dietrich@ lycoming.edu or 570-321-4401 to have him create your personalized illustration. He would love to show you how you can make a gift to Lycoming while also securing a lifetime stream of payments for your retirement years. 65 5.7% 70 6.3% 75 7.0% 80 8.1% 85 9.1% AGE RATE CGA rates recently increased. Here is a sample of the new rates: 34 LYCOMING COLLEGE 2024 SPRING MAGAZINE
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