At the ACGA Conference in Chicago on April 3, 2008, new gift annuity rates effective July 1, 2008 were announced.
With the decline in general interest rates and the applicable federal rate, the ACGA Rates Committee decided to lower recommended annuity rates. Gift annuity payouts for most ages will be 0.2% to 0.4% lower.
Many charities will suggest to donors that they fund gift annuities prior to the end of June to benefit from the current higher gift annuity rates.
ACGA Rates for a Single Life [Effective July 1, 2008]
Age
Rate
1 and Under
3.3
2
3.3
3
3.3
4
3.3
5
3.3
6
3.4
7
3.4
8
3.4
9
3.4
10
3.4
11
3.4
12
3.5
13
3.5
14
3.5
15
3.5
16
3.5
17
3.5
18
3.6
19
3.6
20
3.6
21
3.6
22
3.7
23
3.7
24
3.7
25
3.7
26
3.8
27
3.8
28
3.8
29
3.9
30
3.9
Age
Rate
31
3.9
32
4.0
33
4.0
34
4.0
35
4.1
36
4.1
37
4.2
38
4.2
39
4.3
40
4.3
41
4.4
42
4.5
43
4.5
44
4.6
45
4.7
46
4.7
47
4.8
48
4.9
49
5.0
50
5.1
51
5.2
52
5.2
53
5.2
54
5.2
55
5.3
56
5.3
57
5.4
58
5.4
59
5.4
60
5.5
Age
Rate
61
5.5
62
5.6
63
5.6
64
5.7
65
5.7
66
5.8
67
5.9
68
6.0
69
6.0
70
6.1
71
6.2
72
6.3
73
6.5
74
6.6
75
6.7
76
6.9
77
7.0
78
7.2
79
7.4
80
7.6
81
7.8
82
8.0
83
8.3
84
8.6
85
8.9
86
9.2
87
9.5
88
9.8
89
10.1
90 and Over
10.5
ACGA Rates for Two Lives - Joint and Survivor [Effective July 1, 2008]
