[Stu from NYC]

Originally Posted by Redsmom

Hmmm, Well since an investment company will not make a penny from our charitable gift annuity, not sure they would have any interest in talking to us.

I am surprised that these are not more popular in the current market where you can’t earn any reasonable interest rate safely. Besides the considerable tax benefit, what attracts us to this vehicle is guaranteed interest rates of 4.3% for me at age 66, and 6.5% for my 80 year old husband. And this is for life. IF we aren’t missing something - which is why I am here.

I would think that whoever sells this type of annuity would be earning a commission.