A Gift of Life  A gift annuity offers you a way to further the work of Sacred Hearts Missions while guaranteeing your-self fixed payments for life.  A gift annuity is a legal agreement between you and the Congregation of the Sacred Hearts of Jesus and Mary. In exchange for your irrevocable gift, we provide fixed annuity payments for as long as you live. Following your death, any remaining principal will help us carry out our work throughout the world. An annuity may be established for one (Single Life Annuity) or two persons (Joint Annuity) and you may also decide to delay receiving your payments (Deferred Annuity).

   The minimum age for establishing a Single or Joint Annuity is 55, while those 50 or older may establish Deferred Annuities.  The rate is based on your age on the day you fund your annuity.  When you are establishing the annuity within six months of your next birthday, you are entitled to the next highest rate.
The rate cannot change during the life of the agreement.  The minimum gift amount to establish a Sacred Hearts Missions Gift Annuity is $5,000 and $10,000 for a Deferred Annuity.

   Our annuities provide you with financial and spiritual benefits. Annuitants are eligible for life-time payments that may be partially tax free or taxed at a lower rate than other income, and you may enjoy income, gift,
and tax saving, and favorable treatment
of capital gains.

   Speak with your financial advisor and/or attorney about this and all charitable investments. Information and illustrations for Joint, Survivor, and Deferred Annuities can be provided to you upon request.

Below are the rates for Single Annuities.

Age Rate 

55   5.5%
56   5.6%
57   5.6%
58   5.7%
59   5.7%
60   5.7%
61   5.8%
62   5.9%
63   5.9%
64   6.0%
65   6.0%
66   6.1%
67   6.2%
68   6.3%
69   6.4%
70   6.5%
71   6.6%
72   6.7%
73   6.8%
74   6.9%
75   7.1%
76   7.2%
77   7.4%
78   7.6%
79   7.8%
80   8.0%
81   8.3%
82   8.5%
83   8.8%
84   9.2%
85   9.5%
86   9.9%
87  10.2%
88  10.6%
89  11.0%
90+ 11.3%