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Here are five reasons why a charitable annuity is superior to a traditional annuity:

1. Tax Advantages

   Charitable gift annuities offer immediate partial tax deductions based on the value of the donation and the donor's life expectancy. Additionally, a portion of the annuity payments may be tax-free, especially if funded with appreciated assets like securities or real estate.

2. Legacy Building

   Unlike traditional annuities, which typically end payments upon the beneficiary's death, charitable annuities allow the remaining funds to support a cause or organization you care about, creating a lasting philanthropic legacy.

3. Capital Gains Tax Reduction

   When funding a charitable annuity with appreciated assets held for over a year, donors can significantly reduce or defer capital gains taxes, making it an efficient way to manage wealth.

4. Fixed Lifetime Income

   Charitable gift annuities provide guaranteed lifetime income backed by the charity’s assets, ensuring financial security while supporting a charitable mission.

5. Flexibility in Funding

   Charitable annuities can be funded with various assets, including cash, securities, and real estate, offering donors flexibility in how they contribute while still achieving both financial and philanthropic goals.