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By Nicole Beck
You can support free-market ideas by establishing a legacy gift annuity from the Mackinac Center. The annuity makes it possible for donors to support freedom while receiving a reliable lifetime income stream.
Let’s look at some of the benefits of gift annuities.
Steady Income. A gift annuity provides predictable payments, bringing stability to your financial planning.
Tax benefits. When you establish a charitable gift annuity, you get immediate charitable tax deductions for a portion of your gift. You can reduce your capital gains taxes by funding the annuity with appreciated assets like stocks or real estate.
Simplicity. You typically only need to complete a simple agreement with the charity administering the annuity, making for a streamlined option.
Long-term planning. Gift annuities are ideal for securing a reliable income stream while making a lasting impact. A gift annuity helps you ensure financial stability for yourself or your loved ones while supporting causes you believe in.
Donors who choose gift annuities support causes they are passionate about while also ensuring a steady income stream. By including the Mackinac Center in your legacy plans, you can ensure that principles of freedom, free markets, and limited government continueto flourish for generations to come. The tax benefits, reliable payments, and the power to leave a legacy make gift annuities an attractive choice. Every individual’s financial plan is different. The Mackinac Center recommends you talk with your financial planner before making any changes.
