Charitable Gift Annuity Sample Rates
This information is taken from the American Council on Gift Annuities (ACGA) suggested interest rates for charitable gift annuities. The tables published by the ACGA are extensive. For specific information regarding exact ages, please contact us.
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 may be exempt from Federal Taxes as it is considered a return of principal. If the annuity is funded with appreciated assets, income subject to capital gain taxes will be deferred over the estimated life of the annuitant. A two-life annuity will make payments to you and your spouse or other annuitant 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.
Single Life Two Lives - Joint and Survivor Age Rates Ages Rate 60 4.4% 60/65 4.1% 65 4.7% 65/70 4.4% 70 5.1% 70/75 4.8% 75 5.8% 75/80 5.3% 80 6.8% 80/85 6.1% 85 7.8% 85/90 7.3% 90 9.0% 90/95 8.8% 95+ /95+ 8.8%
For more information or a confidential discussion of your charitable options, please email or call the Vice President of Resource Development, De Anna Sheffield Ward, at (813) 769-3604.