David Wilson's charitable gift annuities help Monmouth students realize their dreams while providing David and his wife, Sandra, steady payments for life.
As a student, David Wilson ’80 spent a lot of time as a reporter for the student-run newspaper, The Outlook, and spinning records in the campus radio station, WMCX. Today, he’s back on the air but reaching a much larger audience.
As senior editor for Bloomberg Radio, David reports hourly each weekday, spotlighting his stock-of-the-day pick and telling listeners what’s happening in the financial markets. He says his undergraduate radio experience helped him reach his current role and was the reason he felt comfortable going back on-air in 2011 after more than 30 years as a non-broadcast journalist.
David stays connected to Monmouth through his work on the Wayne D. McMurray School of Humanities and Social Sciences Dean’s Advisory Council and as a member of the University Communication Council. In 2016, he cemented his legacy at his alma mater by creating three charitable gift annuities (CGAs), which support Monmouth University while providing David and his wife, Sandra, fixed payments for life.
“The older you get, the more you think about retirement planning and trying to build some income you can count on,” says David. CGAs are “a win-win from the financial perspective,” he says.
“You make money in the stock market and end up paying taxes on it,” says David. “Clearly, CGAs are one way to resolve that issue and also take care of the need for some security down the line.”
Join David Wilson in helping students by creating your own legacy at Monmouth University. Contact Amanda Klaus ’09 at legacy@monmouth.edu or 732-571-3411 for more information on legacy giving.
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.