National Council Meeting of Diocesan Directors
May 25th–27th, 2010
Queen of Apostles renewal Centre, Mississauga
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National Council Meeting of Diocesan Directors
June 21st–23rd, 2011Queen of Apostles renewal Centre,Mississauga
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READ MOREIncome Payments
Choose the income payment frequency which best meets your need – annually, semi-annually, quarterly or monthly. To qualify for a monthly income payment, a minimum gift of $10,000.00 is required.
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READ MOREAny Limits ?
“Gift Annuities” are available at any time beginning at age 65. The minimum gift for new annuitants is $10,000.00.
READ MOREAny Risk ?
Your “Gift Annuity” principal is kept invested as long as you live.
We are a registered CHARITABLE ORGANIZATION (BN 12888-2883-RR0001).
Penalty for Being Older ?
The older you are, when you apply for a “Gift Annuity” the higher your rate of return, and the lesser your taxes on the income from the “Gift Annuity”.
READ MORETax Benefits ?
You qualify for preferred tax treatment. The payment you receive will not be fully taxable and it may even be completely tax free, depending on your age.
A T4A tax slip will be sent to you at the end of each year for that portion, if any, of your income that is taxable.
The Gift Annuity you purchase from our Society is a prescribed annuity as per the Income Tax Act.
Canada Revenue Agency considers a portion of your gift annuity to be a charitable donation and you will receive a receipt for income tax purposes.
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