Charitable Gift Annuity

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Dictionary Says

Definition of 'Charitable Gift Annuity'

A type of gift transaction where an individual transfers assets to a charity in exchange for a tax benefit and a lifetime annuity. As with any other lifetime annuity, when the beneficiary dies, the annuity payments are stopped, and the charity retains the remaining funds. In a typical charitable gift annuity, the annuity payouts are not limited to the contributed assets, however the actuarial calculations establishing payout amounts usually provide that a large residual amount should remain for the charity after the beneficiary's death.
Investopedia Says

Investopedia explains 'Charitable Gift Annuity'

Charitable gift annuities are popular fundraising vehicles. The annuities simultaneously provide a charitable donation, an income tax deduction and a guaranteed lifetime income stream. The charitable donation tax deduction is limited to the amount contributed to the annuity in excess of its present value, as calculated using IRS parameters.

Search results for

'Charitable Gift Annuity'

  • Estate Planning: Charitable Trusts | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning8.asp
    ... Annuity Trust A charitable remainder annuity trust (CRAT ... this the beneficiaries will
    face lower gift taxes and ... A charitable lead trust works best for wealthier ...

  • CFP Study Guide - Financial Planning: Process and Rules ...

    http://www.investopedia.com/exam-guide/cfp/financial-planning-process-rules/default.asp
    ... 6.10 Ordinary annuity, Annuity Due and Net Present Value; ... of Property Received by
    Gift and in ... Charitable Contributions And Deductions: 43.1 Introduction; 43.2 ...

  • CFP Study Guide - Principles of Risk and Insurance - Introduction ...

    http://www.investopedia.com/exam-guide/cfp/principles-of-risk-and-insurance/default.asp
    ... 6.10 Ordinary annuity, Annuity Due and Net Present Value; ... of Property Received by
    Gift and in ... Charitable Contributions And Deductions: 43.1 Introduction; 43.2 ...

  • CFP Study Guide - Principles of Risk and Insurance - The Risk ...

    http://www.investopedia.com/exam-guide/cfp/principles-of-risk-and-insurance/cfp2.asp
    ... 6.10 Ordinary annuity, Annuity Due and Net Present Value; ... of Property Received by
    Gift and in ... Charitable Contributions And Deductions: 43.1 Introduction; 43.2 ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/default.asp
    ... 6.10 Ordinary annuity, Annuity Due and Net Present Value; ... of Property Received by
    Gift and in ... Charitable Contributions And Deductions: 43.1 Introduction; 43.2 ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/cfp4.asp
    ... 6.10 Ordinary annuity, Annuity Due and Net Present Value; ... of Property Received by
    Gift and in ... Charitable Contributions And Deductions: 43.1 Introduction; 43.2 ...

  • It Is Better To Give AND Receive

    http://www.investopedia.com/articles/pf/07/give_and_receive.asp
    ... Charitable trusts, gift annuities and pooled-income funds might be a perfect
    alternative to direct donation if you're in an in-between state of knowing you're ...

  • Pass On Wealth To Spread Holiday Cheer

    http://www.investopedia.com/articles/pf/07/holiday-cheer.asp
    ... and Saving Money With A Private Annuity Trust.) Business ... to Charity An end-of-year
    financial gift to a ... Most charitable donations are tax-deductible, as long as ...

  • Series 7 Study Guide - Determining Customer Objectives - Client ...

    http://www.investopedia.com/exam-guide/series-7/customer-objectives/client-income-statement.asp
    ... 6.13 Valuing a Variable Annuity Contract; 6.14 Real Estate Investment ... 7.4 Other
    Retirement Plans; 7.5 Federal Estate and Gift Tax; ... Charitable Donations, $3,000. ...

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