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Why does the charitable deduction into a life income contract vary from month to month?

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Why does the charitable deduction into a life income contract vary from month to month?

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One of the factors that is used in the charitable deduction calculation is the current IRS discount rate. This is closely tied to the current interest rates. As the interest rate declines, the value of the charitable deduction also declines. The IRS discount rate is changed every month.

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