(PRWEB) September 06, 2012
The newest annuity strategy created and designed by Stan The Annuity Man and his non-profit organization, Annuities For A Cause, provides charitable donors a new way of giving to their favorite college, non-profit or charity of choice. The Charitable Endowment Deferred Annuity is a fixed index annuity designed specifically for charities and non-profits that gives donors full control of that charitable asset.
“This is a game changer for non-profits because people still want to give to their charity of choice, but they want to retain control of the money,” says Stan The Annuity Man. “They want to have their cake and eat it too. CEDA allows the donor to give money now and still retain 100% control of the asset.”
As the creator and designer of this new type of charitable annuity strategy, Stan The Annuity Man is sharing this information to educate people about the benefits of leaving a legacy to the charity of their choice using the annuities he has created. The CEDA is the perfect complement to the charitable annuity strategies that non-profits are currently using, according to Stan The Annuity Man.
“This new charitable annuity will attract a new donor that, up until now, didn’t have the right product to allow them to participate in their charity of choice,” says Stan The Annuity Man.
The Charitable Endowment Deferred Annuity contractually provides the following benefits to the donor:
- Principal Protection from market volatility
- Upside participation in the growth of the S&P 500, with no downside, with gains locked in every 2 years
- An upfront bonus of 5% of the premium that immediately goes to the non-profit or charity
- 100% of the initial premium remains in full control of the donor
- A contractual 4% annual compounding death benefit of which the non-profit or charity can be listed as a full or partial beneficiary
- Can be used for both IRA and non-IRA accounts
- Already owned annuities by the donor can be transferred (without tax consequences) to CEDA
The CEDA is distributed exclusively by Annuities For A Cause, a non-profit organization run and overseen by Stan the Annuity Man. For more information or to download a complimentary copy of the Annuities For A Cause please visit http://www.stantheannuityman.com/resources/annuities-for-a-cause
About Stan The Annuity Man
Stan The Annuity Man is a nationally recognized expert on annuities known for his transparency, honesty and endless research. He has spoken at every major financial trade show in the United States, and is rigorously independent, representing all major carriers that meet his uncompromisingly high standards. With a financial background that spans some of the major wirehouse organizations such as Dean Witter, Morgan Stanley, Paine Webber and UBS, Stan brings to his clients an informed clarity and “insider” wisdom that makes him extra careful and cognizant of risks and how to avoid them. Stan The Annuity Man’s mission is to give each client his undivided personal attention and to become a trusted member of their “Financial Team.” With clients nationwide, Stan is known for his fly-to-your-home, coast-to-coast service no other annuity company provides.