Annuity payouts to client
I have a 58 yr old that wants to go ahead and start taking income. Is willing to give up principal or do it in a charitable remainder trust to get a higher payout.
I can't find anything higher than 5% in a VA and 5.7% in a SPIA.
My friend is an estate planner.I have heard from him that a charitable trust can help achieve multiple planning benefits including; providing for a charity, allowing an individual. So I want to invest in charitable annuity. Please share your views regarding this.
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