SUGGESTED CHARITABLE GIFT ANNUITY RATES

Approved by the American Council on Gift Annuities on April 2, 2008
Effective July 1, 2008 through June 30, 2009

To print a Word Document of the rates, click here.
To print a PDF version of the rates, click here.
SINGLE LIFE
Age
Rate
Age
Rate
0-5
3.3%
66
5.8%
6-11
3.4
67
5.9
12-17
3.5
68
6.0
18-21
3.6
69
6.0
22-25
3.7
70
6.1
26-28
3.8
71
6.2
29-31
3.9
72
6.3
32-34
4.0
73
6.5
35-36
4.1
74
6.6
37-38
4.2
75
6.7
39-40
4.3
76
6.9
41
4.4
77
7.0
42-43
4.5
78
7.2
44
4.6
79
7.4
45-46
4.7
80
7.6
47
4.8
81
7.8
48
4.9
82
8.0
49
5.0
83
8.3
50
5.1
84
8.6
51-54
5.2
85
8.9
55-56
5.3
86
9.2
57-59
5.4
87
9.5
60
5.5
88
9.8
61
5.5
89
10.1
62
5.6
90 and over
10.5
63
5.6
64
5.7
65
5.7

NOTES:

1. The rates are for ages at the nearest birthday.

2. For immediate gift annuities, these rates will result in a charitable deduction of more than 10% if the CMFR is 3.4% or higher, whatever the payment frequency. If the CMFR is less than 3.4%, the deduction will be less than 10% when annuitants are below certain ages.

3. For deferred gift annuities with longer deferral periods, the rates may not pass the 10% test when the CMFR is low.

4. 4. To avoid adverse tax consequences, the charity should reduce the gift annuity rate to whatever level is necessary to generate a charitable deduction in excess of 10%.
Copyright © 2000-2008. American Council on Gift Annuities. All Rights Reserved.