Approved by the American Council on Gift Annuities on May 12, 2003
Effective July 1, 2003 - June 30, 2004
Approved by the American Council on Gift Annuities on May 5, 2004
Effective July 1, 2004 - June 30, 2005
Approved by the American Council on Gift Annuities on April 18, 2005
Effective July 1, 2005 through June 30, 2006
Approved by the American Council on Gift Annuities on April 5, 2006
Effective July 1, 2006 through June 30, 2007
Approved by the American Council on Gift Annuities on April 2, 2007
Effective July 1, 2007 through June 30, 2008
IMMEDIATE GIFT ANNUITY RATES WILL NOT CHANGE
Immediate gift annuity rates remain the same, but the compounding rate for deferred gift annuities will change.
Having conducted its annual review, the ACGA Rates Committee recommended that current gift annuity rates for immediate gift annuities, which became effective on July 1, 2003, remain in effect for another year. With reference to deferred gift annuities, the Committee recommended that the compound interest rate during the deferral period be increased from 5.0 percent to 5.25 percent. At its recent meeting, the ACGA board approved these recommendations.
Note - July 1, 2003, July 1, 2004, July 1, 2005, July 1, 2006 & July 1, 2007 - Immediate gift annuity rates are the same.
Please check the Comments page for further information about deferred payment gift annuities.
