Russ towers bsmg

Charitable Gift Annuities Offer a Simple and Smart Way to Give

Published in Broker World’s February 2014 issue, Russell Towers discusses charitable gift annuities (CGA) in his article “Charitable Gift Annuities Offer a Simple and Smart Way to Give”. This article begins by explaining that a charitable gift annuity is “a simple way to make a gift to a charity while retaining a lifetime income stream for the donor.” Towers explains that CGAs offer the client a way to increase their income while receiving a tax deduction. The article goes on to outline the advantages to the donor and the advantages to the charity, in addition to offering hypothetical case scenarios.
To read more about charitable gift annuities download a PDF of the article or read it online.