Deferred Gift Annuity (Future Planning for Everyone's                                             Benefit)
         



















How a Deferred Gift Annuity works

1. You transfer cash or securities or other property to NRC.

2. Beginning on a specified date in the future, NRC begins to pay you, or     up to two annuitants you name, fixed annuity payments for life.

3. The principal passes to NRC when the contract ends.

Benefits

• You receive an immediate income tax deduction for a portion of your gift.
  
  
• You can postpone your annuity payments until you need them, such as when you reach retirement or when a grandchild begins his or her college education.
  
  
• The longer you defer your payments, the higher the effective rate you will receive. In the meantime, the principal grows tax-free.
  
  
• You can have the satisfaction of making a significant gift now that benefits both you and NRC later.