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Charitable gift annuities have been in existence for more than 100 years and are one of the most simple life income plans available. An ever-increasing number of non-profits are offering annuities because they are so easy to understand and to establish. Payment rates are based on the age of the annuitants, however, a gift annuity may appeal to people of all ages who desire a fixed income for life. This type of gift can also be a great supplement to a retirement income.
To learn more about Charitable Gift Annuities and other planned giving opportunities, please visit the University of Michigan planned giving web site by clicking here.
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