A charitable gift annuity is a combination of a gift to charity and an annuity. For older people, annuity rates may be 8%, 9% or even higher. Since part of the annuity payment is a tax free return of principal, the gift annuity may provide you with a substantial income. The combination of partially tax free income and the initial charitable deduction makes this planning device attractive.

published Apr 23, 2018, 4:10:30 PM, by Molly Smith (Bloomberg) — Netflix Inc. tapped the junk-bond market again to help finance its next wave of shows. The world’s largest online television network sold $1.9 billion of senior bonds in its largest-ever dollar-denominated offering. That was up from a planned $1.5