"HELPING people maximize what the Lord has GIVEN
them to MANAGE."
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Friday, September 10, 2010
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Question of the Day |
Question
Why are most gift annuities set up by persons age 75 or above?
Answer
At age 75, the gift annuity pays approximately 6.7% and half of the payout is tax-free. The gift annuity payouts increase with age.
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