Maximizing Retirement Income with Charitable Gift Annuities

As retirees, exploring various avenues to enhance your financial stability is crucial. One such avenue is a Charitable Gift Annuity (CGA), a unique financial tool that supports charitable causes and provides you with a steady income stream. Let’s explore how CGAs can be a win-win for your retirement planning and philanthropic goals. Understanding Charitable Gift Annuities A CGA is a contract between you and a nonprofit organization. By donating cash, assets, or securities to a …

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Here Are 5 Tax-Smart Strategies For Charitable Giving For Retirees

There is still time to do well by doing good this year, and there are still tax benefits available to retirees who make charitable contributions. Act quickly, though!

There is usually a year-end interest in donating to charity; this motivation does not always disappear upon retirement. Let’s discuss some tax-intelligent ways for charitable contributions by retirees.