A charitable gift annuity is a gift vehicle that falls into the category of planned giving. It involves a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. The annuitant receives a fixed source of income for life without worrying about fluctuations in the market, like other retirement options. After your passing, the named charity receives the remainder of the annuity to support its mission. Please contact us for more information on annuities at 480-651-8800.