A gift that results in additional income for you may allow you to make meaningful gifts and, at the same time, help you achieve personal goals, such as the following:

Educational expenses: If you want to provide funds for your children or grandchildren’s education, a gift that features an income stream may be an attractive and tax-efficient option. You can fund educational needs now or in the future while making an eventual charitable gift and can enjoy immediate tax savings.

Supplement retirement funds: If planning for retirement is high on your list of priorities, an income gift can supplement other retirement plan income while also providing for a charitable gift when you or a survivor no longer need the income.

Pre-retirement planning: If you are not yet retired, simply postpone income payments until you do retire and yhour income may actually be greater at the time when you need it most. Even though you are not yet receiving income, you will still enjoy immediate tax savings.

Take care of loved ones: Do you want to provide financial support for a spouse, parent, child or someone else who depends on you? With a well-planned charitable gift, you can arrange for regular payments that can add to a surviving loved one’s financial security.