Expert Advice: Prepare to Retire with a Gift Annuity

Our Director of Gift Planning, Jeremy Arkin, was recently interviewed by Kiplinger’s Retirement Report for the article, Prepare to Retire with a Gift Annuity. The article focuses on the recent uptick of deferred gift annuities as a retirement tool for younger donors who want to make a charitable gift now, but don’t plan to retire immediately.

A deferred charitable gift annuity can be part of a smart retirement plan for the following reasons:

  • Tax Efficient: You get a charitable tax deduction in the year you make the donation, but can delay payments until you need them
  • Security: You will know to the penny how much income you will receive each year
  • Capital Gains: The stock market is at record highs and you can spread your capital gains over the life of the payments (and avoid some entirely).

We hope you enjoy the article and please contact our team of charitable planning experts today if this is something you would like to explore.

TAGS: legacy charitable gift annuity retirement deferred gift annuity

About the author

Gift Planning

giftplanning@duke.edu

Duke University’s Office of Gift Planning specializes in charitable gift planning for estates, charitable trusts and annuities, and other complex current and future gift plans.

For more information, please contact the Duke University Office of Gift Planning at 919-681-0464 or giftplanning@duke.edu.