Receive Income for Life and Save on Taxes While Supporting a Cause You Care About
Use Appreciated Assets and/or Income to Fund a Meaningful Charitable Gift that Also Gives Back to You and Your Loved Ones
A life income gift to the American Red Cross is a wonderful way to support lifesaving work for people in need, while helping to meet your financial and philanthropic goals. A life income gift offers:
- Dependable income — generate income for yourself and/or loved ones for life.
- Tax benefits — save on income, capital gains and/or estate taxes.
- Customized giving — choose from different types of life income gifts and assets to fund them in order to meet your unique needs.
- The opportunity to make a meaningful impact on the Red Cross' lifesaving mission for years to come.
A gift that pays you income is also a rewarding way to gift assets that you no longer need or want to be responsible for, and/or those on which you may want to reduce or eliminate capital gain tax and generate income tax savings, such as:
- A vacation home, rental property or other real estate you no longer wish to manage
- Appreciated stocks and mutual funds
- If you are 70½ and taking a required minimum distribution from an IRA and want to generate more income
There are many different types of gifts that pay you an income and many different assets you can use to fund them. Get a free, personalized gift illustration today to learn more.
Request your FREE personalized gift illustration today, with no obligation!
Learn more about making a gift to the Red Cross that provides tax savings and pays you back for life.
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