| Partners |
We are grateful to have the support of our partners.American Council on Gift Annuities invites you to explore our new partner opportunities. Our goal with these new opportunities is to allow our partners an all-inclusive partnership that lasts for a two-year budgeting cycle and includes membership fees, conference registration, and exciting new benefits outside of the biannual conference. The support from our partners allows ACGA to do the important work that only we can do – publishing gift annuity rates, working with state regulatory departments when conflicts arise, and advocating for responsible philanthropy with gift annuities and beyond.
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Announcements
RATES ANNOUNCEMENT
The Board of Directors of the ACGA met on November 21, 2022 and voted to increase the rate of return assumption we use when suggesting maximum payout rates for charitable gift annuities. The return assumption will be moving to 5.25% from 4.50%, effective January 1, 2023. As such, the suggested maximum payout rates for single-life annuity contracts will be moving higher by approximately 0.6%, depending on the age of the beneficiary. The suggested maximum joint-life annuity contracts will also be heading higher by a similar amount. The ACGA expects to make the new rates available to members on December 5th and to the general public on December 19th. Please consider joining the ACGA for early access to the new suggested maximum payout rates.
OCTOBER UPDATE: ACGA Report on Progress in Resolving Gift Annuity Rate Challenges in New York State
The ACGA continues its work with regulators in New York State regarding maximum allowable charitable gift annuity payout rates. For more information on the background and the solution we are working on with the New York Department of Financial Services, please click here to read more.
Our Partners
