Fiction: Investing in a charitable gift annuity offers me a guaranteed return.
Fact: A charitable gift annuity is a split-interest gift made directly to a charity that provides you, your spouse, or a family member with fixed income payments for life. The charity typically ends up with about half of your donation, while you get an immediate tax deduction and some guaranteed income. Keep in mind that an annuity is a contract between you and the charity, and your return is not guaranteed by the government.
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