Charitable Gift Annuities
You may choose to use your gift to fund a charitable gift
annuity - this involves transferring firearms to NRA in exchange
for a partial tax deduction and a lifetime stream of annual income.
This is truly a win-win: NRA benefits from your gift and you
benefit from receiving regular fixed payments.
Charitable gift annuity rates vary depending upon the value of the
contribution, the age of the beneficiary and the number of
beneficiaries. Though lower than commercial rates, gift annuities
are still very attractive to individuals who want to simultaneously
support a favorite charity and provide payments to themselves or
others. Once rates are set, payment amounts remain fixed and do not
increase or decrease.
So, is a charitable gift annuity right for you? If you're retired
and you would like to increase your cash flow, seek the security of
guaranteed payments and save taxes, this might be just the vehicle
you're looking for. Contact us and we'll be able to walk you
through the amount of your payments, how they would be taxed and
the charitable deduction generated by your gift.
