Bryan K. Clontz, Ph.D.: Charitable Gift Annuity Planning Opportunities Under Rising Interest Rates (January 31, 2023)

February 2, 2023-Nicholas Ward

Bryan K. Clontz of Forbes, has made available for download his article, “Charitable Gift Annuity Planning Opportunities Under Rising Interest Rates,” published in Forbes. The abstract is as follows:

Recent rising interest rates and longer table life expectancies will shift values as between “income” and remainder interests in split interest trusts and charitable gift annuities, altering the tax incentives for these “planned” charitable gift vehicles.

This article focuses specifically on the most commonly used “planned” giving vehicle, the charitable gift annuity. And for purposes of illustration, we will use the typical case, an immediate gift annuity for a donor aged 79 years, funded with a cash contribution of $100k. Plain vanilla, according to a recent survey by the American Council on Gift Annuities.

Click here to view Bryan K. Clontz’s summary of “Charitable Gift Annuity Planning Opportunities Under Rising Interest Rates”

Posted by Nicholas Ward, Intern, Wealth Strategies Journal