IRS Discount Rates

Month	Rate
October 2023	5.4%
September 2023	5.0%
August 2023	5.0%
July 2023	4.6%

When computing the deduction for a gift annuity (and many other planned gifts), one can use the IRS discount rate for the month of the gift or either of the two prior months. The rate for the upcoming month typically is announced around the 20^th of the previous month.

Click here to view past IRS discount rates.

Announcements

ACGA's Work in New York Benefits Charities

The ACGA is pleased to announce that on June 8th, 2023, the New York Legislature passed Bill A4599-A. This bill establishes that New York's maximum allowable payout rates will be unisex in nature and simplifies the suggested maximum charitable gift annuities rates for New York organizations and donors. Click here to read more.

Charitable Planning Opportunities with Retirement Plans

On December 29 President Biden signed the Consolidated Appropriations Act of 2023 (“Act”). Contained in the provisions of the Act is the new Secure Act 2.0, which addresses many issues related to retirement planning. Click here to read more.

Upcoming Events

Mon Apr 29, 2024ACGA 36th Conference

Category: Conference

Announcements

ACGA's Work in New York Benefits Charities

Charitable Planning Opportunities with Retirement Plans

Upcoming Events

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Our Partners

American Council on Gift Annuities