Changes in the financial markets should prompt charities to lower slightly the payout rates they offer to most donors of gift annuities, according to a national organization of planned-giving fund ...

A charitable gift annuity provides lifetime income in exchange for a donation to a nonprofit, with tax benefits for the donor and organization.

The American Council on Gift Annuities has recommended that, starting in July, charities reduce rates for donors 48 or older by as much as 0.3 percentage points. For donors younger than 48, the ...

The other day I was running some errands and flipping through the radio. I stopped the dial once I heard the opening chords to “Band on the Run.” For those who are unfamiliar, this was one of the ...