Insure Your Legacy With the Shared Premium Program

Never thought you could be a $1 million donor? Think again…

Life insurance is a unique and important charitable gift planning tool for individuals looking to create a lasting, significant legacy in the community.

How It Works

You pay first five years of your life insurance premium.

The Jewish Federation of Palm Beach County pays the next five years.

Your legacy is created.

How the Program Helps You

Create a powerful, significant and guaranteed endowment in the community at a modest, tax-deductible out-of-pocket expense.
Leave a lasting impact on the Jewish community—ensuring your name, legacy and values live on.
Continue contributions forever, without disrupting current estate or retirement plans, or reducing bequests to loved ones.
Direct a percentage of your endowment to support specific causes and priorities in the Jewish community that you feel passionate about.

*Breaking Down* the Costs
$1,000,000 Life Insurance Policy Carrier Guaranteed ¹ for your lifetime Rates are for Male, Non-smokers in Very Good health
50% Match Program (33% Tax Bracket)
Age	Annual Gift (5 Years)	Total Payment	Total After-tax cost
¹All guarantees are backed by the financial strength of the investment grade issuing life insurance carrier. ²Income tax bracket assumed to be 33%. ³Rates for females are lower.
45	$16,500	$82,500	$55,275
61	$33,000	$165,000	$110,550
66	$42,000	$210,000	$140,700
70	$50,500	$252,500	$169,175
75	$65,000	$325,000	$217,750
80	$88,000	$440,000	$294,800
85	$125,000	$625,000	$418,750

The Fine Print

Premiums are tax-deductible.
Jewish Federation of Palm Beach County will be the owner and beneficiary of the policy.
Both the premiums and death benefit are carrier guaranteed.
All values, premium amount, duration, and face amount are carrier guaranteed for insured’s life.
Only very substantial, investment-grade carriers will be accepted.
Shared Premium Program applies to policies with a benefit of $250,000 - $1,000,000.

Contact the William A. Meyer Jewish Community Foundation at 561-242-6639 or meyerjcf@jewishpalmbeach.org.

William A. Meyer Jewish Community Foundation of the Jewish Federation of Palm Beach County
JACK, JOSEPH & MORTON MANDEL BUILDING
1 HARVARD CIRCLE, SUITE 100
WEST PALM BEACH, FL 33409

561.242.6639
meyerjcf@jewishpalmbeach.org
Need help? We are here for you.

Name*

Email*

Phone

Message

Leave this field blank.

* Required

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.