This information is taken from the American Council on Gift Annuities (ACGA) suggested interest rates for charitable gift annuities effective 7/01/07 (current rate) and to change 7/1/08. The tables published by the ACGA are extensive. For specific information regarding exact ages, please contact us.

Single Life

Age Current Rate July '08 Rate
60 5.7% 5.5%
65 6.0% 5.7%
70 6.5% 6.1%
75 7.1% 6.7%
80 8.0% 7.6%
85 9.5% 8.9%
90 11.3% 10.5%
 


Two Lives - Joint and Survivor

Ages Current Rate July '08 Rate
60/65 5.5% 5.3%
65/70 5.7% 5.5%
70/75 6.1% 5.8%
75/80 6.6% 6.2%
80/85 7.3% 6.9%
85/90 8.4% 7.9%
90/95 10.1% 9.4%
95+ /95+ 11.1% 10.3%

The annuity rate is determined at the time the gift is made and will not be affected by future rate changes. As a portion of the annuity is a gift, you will receive an income tax deduction for the portion that is the gift. A portion of the annual annuity income is exempt from Federal Taxes as it is considered a return of principal. A two-life annuity will make payments to you and your spouse for life without a reduction in payment upon the first death. Your joint ages at the time you make the gift determines the annuity rate.

Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. The content in this Planned Giving section has been developed by Future Focus.