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.

Untitled Document

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 Senior Director of Development, Jean Maginnis, at 207-893-7899.

Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice, either in whole or in part. 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. Use of this site signifies your agreement with the terms of use. The content in this Legacy Giving section has been developed for Saint Joseph's College by Future Focus. Please report any problems to section webmaster.