This FREE non-biased information and suitability consult by phone is designed to show you exactly how annuities work and how to judge for yourself the benefits and the pitfalls. ANNUITIES are not right for everyone. Don't let ANYONE tell you differently. Be Informed! * First Name: * Last Name: * Address: * Zip Code:(5-digit US zip code) * Email: * Phone:A valid telephone number is required. * Birth Date:Month010203040506070809101112Day01020304050607080910111213141516171819202122232425262728293031 Gender:MaleFemale Investment Money Available: * -- Select --under $10,000$10,000 to $19,999$20,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 + Household Income: * -- Select --0 - $35,000$35,001-50,000$50,001-$75,000$75,000-$100,000$100,000+ Comments:

Annuities and Charity: Does it Make Sense for You?

An option with double benefits can be the use of an annuity as a conduct for funding both a charity and personal income. Funds are donated to a charity in return for an income stream, of any negotiated time period.

The funds are donated directly to the charity which uses the money for its specific goal and in return the charity provides income to the donor out of its asset base. The person donating the funds is entitled to a tax deduction for the gift (based on certain circumstances) and as income is received assumes the income tax liability for the income.

Charitable gift annuities can be used as immediate income or as deferred income to be used at a later date.  The decision of which choice makes sense to the donor is based on the needs and goals of the donor.

 A charitable annuity is an excellent vehicle for providing a gift to aid a charity or charitable cause and at the same time receive a useful benefit. This approach is very popular both for the charity and the donor. In most cases the income desired can be customized to include a spouse, a child or a grandchild so the gift has long term benefits.

Once a decision is made to use a charitable gift annuity, the process is very simple. There are generally no fees or expenses for the donor and any needed paperwork is also simple. The tax deduction will be calculated for the donor by the charity and appropriate papers will be filed with tax agencies. The amount of the tax deduction is based on several factors such as amount of gift, age of the donor and age of any beneficiaries.

Considerations for choosing a gift annuity should be the type of the charity, the longevity of the charity and the financial strength of the charity.  This information is available to you and any bona fide charity will provide you with any requested information.