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Rates Effective July 1, 2006 to June 30, 2007
Approved by the American Council on Gift Annuities on April 5, 2006

(Note - July 1, 2003, July 1, 2004, July 1, 2005 & July 1, 2006 rates are the same, the 'Comments' page is the only page where there is a difference.)

Deferred Payment Gift Annuity Factors for New York and New Jersey *

Through August of 2007, the following compound interest factors during the deferral period noted will satisfy the requirements of New York and New Jersey:

For deferral periods of zero to no more than five years:

Single-life and two-life annuities, whatever the gender of the annuitants, a compound interest factor of 5.25%. This is ACGA's suggested compound interest factor for deferred gift annuities.

For deferral periods of more than five years to no more than 10 years:

Single-life and two-life annuities, whatever the gender of the annuitants, a compound interest factor of 5.25%. This is ACGA's suggested compound interest factor for deferred gift annuities.

For deferral periods of more than 10 years to no more than 20 years:

Single-life annuity (male annuitant), compound interest factor of 5.15%.

Single-life annuity (female annuitant), compound interest factor of 4.75%.

Two-life annuity (both males), compound interest factor of 5.0%

Two-life annuity (both females), compound interest factor of 4.65%.

Two-life annuity (one male and one female), compound interest factor of 4.8%.

For deferral periods of more than 20 years:

Single-life annuity (male annuitant), compound interest factor of 4.25%.

Single-life annuity (female annuitant), compound interest factor of 4.0%.

Two-life annuity (both males), compound interest factor of 4.2%

Two-life annuity (both females), compound interest factor of 4.0%.

Two-life annuity (one male and one female), compound interest factor of 4.05%.

Current annual interest rates during the deferral period for deferred gift annuities which would meet NY/NJ requirements (regardless of age) until NY/NJ next update their maximum allowable interest rates Single Life Two Lives Years in Deferral Period Male Female M/M M/F or F/M F/F 5 or less 5.25% 5.25% 5.25% 5.25% 5.25% More than 5, up to 10 5.25% 5.25% 5.25% 5.25% 5.25% More than 10, up to 20 5.15% 4.75% 5.00% 4.80% 4.65% More than 20 4.25% 4.00% 4.20% 4.05% 4.00%

*New York and New Jersey are the two states known at this time that may require different interest factors for deferred gift annuities with longer deferral periods.