Annuity Transfer Program

Do you own an annuity?

  • Are you satisfied with the performance of your annuity?
  • Are surrender penalties limiting your options?
  • Do you want to save money on your taxes?
  • Are you concerned about passing tax consequences to your heirs?

The National Community Foundation (NCF) Annuity Transfer Program provides these benefits:

  • Immediate income tax deduction
  • Fixed tax-favored income for life or a specified number of years
  • Immediate or deferred income payments
  • A new NCF contract reflecting accumulated value*
  • Reduction or elimination of applicable estate tax
  • Reinsurance** on most transactions
  • The ability to support your favorite charities and other charitable causes worldwide

*NCF is typically able to absorb the closing costs by adjusting the payout rate.
**As part of its investment policy, NCF reinsures its contractual obligations, whenever suitable, in order to manage the risk of market volatility.