Annuities

A charitable gift annuity (CGA) is a tool that blends philanthropy with retirement income. It allows you to make a meaningful gift to a nonprofit organization while also creating a reliable stream of income for yourself or a loved one. How a Charitable Gift Annuity Works Unlike some charitable planning strategies that require complicated trust documents, a CGA is straightforward: it’s a contract between you and the charity.You make a gift.You contribute cash, stocks, or other assets to a qualified nonprofit organization. Minimums vary by charity, but often start around $10,000You receive fixed income for life.In exchange, the charity agrees to…