GIFT LIFE ANNUITIES
A PAOC Charitable Gift Life Annuity is an excellent way to benefit both you and The Pentecostal Assemblies of Canada. Monies invested in the PAOC Gift Life Annuity program help build churches across our country while providing the donor with a guaranteed life-time income.
If you are over 70 years of age and looking to invest a minimum of $10,000 you will receive an interest rate that is generally higher than other annuities or GICs. Your investment will pay you a fixed, quarterly income for the rest of your life, and your spouse’s life if purchasing a joint annuity. Depending on your age and investment often times an upfront tax receipt is given based on CRA tables.
For more information about investing in a PAOC Gift Life Annuity please contact Sharon.Thomson@paoc.org.