American Council on Gift Annuities

New Suggested Maximum Rate Schedules Effective January 1, 2012
Approved by the American Council on Gift Annuities on November 7, 2011
(reconfirmed on April 15, 2013 & November 6, 2012)

The American Council on Gift Annuities (ACGA) board of directors held its semi-annual meeting on November 7, 2011. As part of a continual monitoring process, the board reviewed the current assumptions that underlie the rates schedules.  Given the significant changes in the economic environment, the board approved a new schedule of suggested maximum gift annuity rates which will become effective January 1, 2012.  At ages older than 60, when the majority of gift annuities are issued, one-life rates will decline by 0.5% to 0.8%.