
Retirement Income VS. Charitable Giving
Article Type: Biblical Stewardship , Tips & Insights
Gifts That Pay Income for Life
Are you torn between making a difference and having enough for retirement? There’s a win-win solution! You can care for your needs AND still give generously through a gift that pays you income for life.
You can establish a life income arrangement by gifting cash or other property for the benefit of ministries dearest to your heart. In exchange, you will receive lifetime payments for you and/or your loved ones.
Life income gifts offer several advantages…
- By giving assets such as rental properties that you no longer care to manage, you can free up time to do more of the Lord’s work.
- You’ll realize tax advantages that ultimately put more money in your pocket for living and giving.
- Ministries can make strategic decisions knowing finances will be available for the long-term.
- Most importantly, you honor our more-than-enough God by stewarding His resources to meet both material needs AND Kingdom causes — without having to choose.
To learn more about gifts that pay income for life, email Barnabas Foundation at info@BarnabasFoundation.com or call 888.448.3040.