Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who issues and administers the annuity?

Annuity
0
Posted

Who issues and administers the annuity?

0

Our partner Christian Stewardship Services handles both the administration of payments and investment of the funds to support the annuity payments and the charitable remainder. The funds are invested in very safe Provincial Government long-term bonds that provide a stable return. The investments are governed by a conservative investment policy which is monitored by a committee and reviewed at least every three years by an actuary.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123