Deferred Gift Annuity

Flexible Gift Annuity

DGA Diagram

How It Works

  • You transfer cash or securities to Pomona College.
  • Beginning on a specified date in the future, Pomona College begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  • The remaining balance passes to Pomona College when the contract ends.


  • You must be at least 55 to begin receiving payments.
  • The minimum gift requirement is $25,000.


  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can target your annuity payments to begin when you need them, such as retirement or when a grandchild needs help with tuition payments.
  • The longer you defer payments, the higher the effective rate you will receive.