Rates Effective July 1, 2010 - June 30, 2011
Approved by the American Council on Gift Annuities on April 28, 2010
Information last updated October 12, 2010
The new schedule of maximum suggested rates reflects slightly higher rates up through age 81 for single-life annuities, as well as slightly higher rates for two-life annuities at many ages, with all rates qualifying at a CMFR of 3.2% or higher.
With the AFR dipping below 3.2%, the rate at which the current schedules of gift annuity rates will pass the 10% test, annuities for younger donors, and many deferred payment gift annuities will no longer pass this test using the current schedule of rates. Charities will need to lower their gift annuity rates in these circumstances in order to pass the 10% test.
Partial Rates Report and Rate Tables (July 1, 2010 - June 30, 2011)
The information below is an excerpt from the full rates report available to our sponsors at no charge. Click here for more information about your options for obtaining a full rates report.
Full Rates Report (July 1, 2010 - June 30, 2011)
The ACGA Rates Committee has prepared this report to explain the reasoning used in establishing suggested charitable gift annuity rates. Detail in this report goes beyond the assumptions used in arriving at the rates. The report provides historical background, statistical information, rationale behind the assumptions and more.
If you are not a sponsor, choose one of the non-sponsor purchase options to login or register an account to make a purchase:
- NON-SPONSOR PRICE - Electronic format, $15.00, click here
- NON-SPONSOR PRICE - Printed format, $25.00, click here
Sponsors should login to gain access to the electronic (FREE) and print version ($15.00) of the report below.
Rates Brochure (July 1, 2010 - June 30, 2011)
Sponsors of the American Council on Gift Annuities are now able to download our rate brochures and print them as they are needed. The brochure is a tri-fold document that can be printed on 8 ½ x 14 (legal size) paper. Page three is useful to charities that issue gift annuities in New York and New Jersey. There are three identical panels on the third page. If needed, this page can also be printed on legal size paper, and cut into thirds.
The electronic version of our rates brochure is only available to our sponsors.
Sponsors should login to gain access to the electronic (FREE) version of the brochure below.