Ask Kip: How to Donate to Charity and Get Income in Return

Ask Kip: How to Donate to Charity and Get Income in Return
Consider a charitable gift annuity. Dreamstime/TNS
Tribune News Service
Updated:
By David Rodeck From Kiplinger’s Money Power
Q: I’ve been thinking of making a sizable donation to charity, but I’m a bit worried about giving away money I might need in retirement. I’ve heard that a Charitable Gift Annuity could be the answer. How does that work?