Gift Annuities Benefit Donors, Nonprofits
By
Shelly Banjo
and Kristen Mcnamara
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Charitable annuities are the gifts that keep giving.
These vehicles allow individuals to support a charity, reduce their tax bill and secure a steady stream of payments for life.
The rates paid to annuity beneficiaries are scheduled to decrease in February, but they're still attractive in today's depressed market.
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Shelly Banjo
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