Gifts That Pay You Income
Did you know there's a gift to School Ministries of Birmingham that returns payments to you? Yes, the IRS allows and encourages these creative plans that can stretch your giving ability. Here’s how they work:
Some of the best ways to support School Ministries of Birmingham are available through life-income gifts. These "Gifts That Pay You Income" help you make a substantial gift to School Ministries of Birmingham while increasing your income.
The plans described here all have one substantial advantage over investment vehicles you read about elsewhere: they produce generous gifts to School Ministries of Birmingham. So, while you will receive income for life or a set period of time, you can provide for yourself and School Ministries of Birmingham today.
The Benefits
- A potential increase in the income you are currently receiving from your investments.
- An immediate tax deduction for a portion of your gift.
- No capital gains tax due at the transfer of appreciated assets to your gift plan.