Charitable Gift Annuity “De-Risking” Contracts

The Act of November 3, 2022, No. 152, P.L. 2145, amends the Charitable Gift Annuity Exemption Act (No. 127 of 1996) to allow charities to purchase “de-risking annuity contracts” from insurance companies to make the payments required by charitable gift annuity contracts between charities and donors.

Print Friendly, PDF & Email

Comments are closed.