Consistent donation growth continues to push the Numerica Charitable Fund to new levels as the program distributed 40% more in grants year over year during the 12 months ending in May, according to Numerica Credit Union reports.

Estate planning attorney Julie Olds says she is seeing a growing number of clients who don’t want to wait until they're gone to begin making a charitable impact. Instead, they are choosing to give during their lifetimes, allowing them to see the results of their philanthropy and involve family members in decisions about where their money goes.

For people who want protection, flexibility, and predictable retirement income, a properly designed cash value life insurance policy — such as an Indexed Universal Life policy — paired with a Roth individual retirement account funded by a guaranteed lifetime income annuity can be a powerful planning combination.