Payments begin at least a year after the annuity is established.
All annuitants must be at least 50 years old, and there can be no more than two for each gift annuity contract. CARE maintains a segregated reserve fund to ensure all future payments. The CARE Gift Annuity Fund is managed by SunTrust, Atlanta. You are guaranteed fixed payments for life, regardless of stock market fluctuations or general economic performance. Payments can be deferred to retirement years, when they may be taxed in a lower bracket.