How to Increase Your Income, Lower Your Taxes and Help Your Favorite Charity

Given the fact that most seniors are interested in a secure income, reducing risk and lowering taxes, here is a planning technique to consider if you are trying to increase your income.

Maybe you have a CD that is coming up for renewal and you discover the rate is going to be lower. You could have some stocks or mutual funds that were invested for growth and are thinking about selling some off and re-investing in something that would pay you an income. The only reason you havent sold them is that you dont want to pay the capital gain.

I would suggest including a charitable gift annuity in your list of options.

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