ACGA Suggested Gift Annuity Rates
Gift Annuity Rates Will Not Change
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Approved by the American Council on Gift Annuities on December 29, 2008IMMEDIATE AND DEFERRED GIFT ANNUITY RATES ARE LOWERED The Board of Directors of the American Council on Gift Annuities (ACGA), at a called meeting on December 29, 2008, approved a recommendation from the Rates Committee to reduce the expected return assumption from 5.75% to 5.25%. A new rate schedule has been developed reflecting this change. Recommended rates have been lowered by .4% to .7% at each age with a maximum rate of 9.5% at ages 90 and above. The new rates will qualify for all immediate gift annuities at all ages for a CMFR of 2.4% or above. In the case of deferred gift annuities, there may be a few instances in which rates based on the ACGA's suggested schedule and methodology do not qualify when the CMFR is quite low. In those instances, the deferred rates would have to be reduced to qualify.
Information last updated January 8, 2009. |
To order gift annuity rate brochures or a copy of the current Report on Gift Annuity Rates, click here.
PRIOR RATES
Approved by the American Council on Gift Annuities on April 2, 2008
IMMEDIATE AND DEFERRED GIFT ANNUITY RATES ARE LOWERED
Having conducted its annual review, the ACGA Rates Committee recommended a new, lower schedule of gift annuity rates for immediate gift annuities, effective on July 1, 2008. In addition, the deferred gift annuity rates which became effective on July 1, 2006 will also be lower. At its April 2, 2008, meeting the ACGA board approved these recommendations.
Single Life - ACGA Suggested Gift Annuity Rates
Two Lives - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Information last updated January 7, 2009.
Approved by the American Council on Gift Annuities on April 2, 2007
IMMEDIATE AND DEFERRED GIFT ANNUITY RATES WILL REMAIN THE SAME
Having conducted its annual review, the ACGA Rates Committee recommended that current gift annuity rates for immediate gift annuities, which became effective on July 1, 2003, remain in effect for another year. In addition, the deferred gift annuity rates which became effective on July 1, 2006 will also remain the same for another year. At its April 2, 2007, meeting the ACGA board approved these recommendations.
Note - July 1, 2003, July 1, 2004, July 1, 2005, July 1, 2006 & July 1, 2007 - Immediate gift annuity rates are the same.
Please check the Assumptions & Comments page for further information about deferred payment gift annuities. |
Information last updated April 16, 2008.Single Life - ACGA Suggested Gift Annuity Rates
Two Lives - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only) (Will update late summer 2008)
Approved by the American Council on Gift Annuities on April 5, 2006
IMMEDIATE GIFT ANNUITY RATES WILL NOT CHANGE
Immediate gift annuity rates remain the same, but the compounding rate for deferred gift annuities will change.
Having conducted its annual review, the ACGA Rates Committee recommended that current gift annuity rates for immediate gift annuities, which became effective on July 1, 2003, remain in effect for another year. With reference to deferred gift annuities, the Committee recommended that the compound interest rate during the deferral period be increased from 5.0 percent to 5.25 percent. At its recent meeting, the ACGA board approved these recommendations.
Note - July 1, 2003, July 1, 2004, July 1, 2005, July 1, 2006 & July 1, 2007 - Immediate gift annuity rates are the same.
Please check the Assumptions & Comments page for further information about deferred payment gift annuities. |
Single Life - ACGA Suggested Gift Annuity Rates
Two Lives - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Information last updated October 23, 2006.
Approved by the American Council on Gift Annuities on April 18, 2005
ACGA Votes No Change in Recommended Schedule of Rates
The board of the American Council on Gift Annuities met on April 18, 2005 for a semi-annual meeting. At that meeting the board voted unanimously to make no changes to its recommended schedule of gift annuity rates. The current schedule will remain in effect from July 1, 2005 through June 30, 2006 unless economic events warrant an interim review of the schedule.
The underlying assumptions in calculating the schedule of rates remain as follows:
- 50% residuum
- 1% annual expense load
- Annuity 2000 mortality tables assuming female with a 1 ½ year setback
- 6% expected return
For deferred payment gift annuities, the compounding rate remains at 5% for all deferral periods.
Note - July 1, 2003, July 1, 2004, July 1, 2005, July 1, 2006 & July 1, 2007 - Immediate gift annuity rates are the same.
Please check the Assumptions & Comments page for further information about deferred payment gift annuities. |
Information last updated November 17, 2005.Single Life - ACGA Suggested Gift Annuity Rates
Two Lives - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Approved by the American Council on Gift Annuities on May 5, 2004
Note - July 1, 2003, July 1, 2004, July 1, 2005, July 1, 2006 & July 1, 2007 - Immediate gift annuity rates are the same.
Please check the Assumptions & Comments page for further information about deferred payment gift annuities. |
Single Life - ACGA Suggested Gift Annuity Rates
Two Lives - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Assumptions & Comments on Gift Annuity Rates
Approved by the American Council on Gift Annuities on May 12, 2003
Note - July 1, 2003, July 1, 2004, July 1, 2005, July 1, 2006 & July 1, 2007 - Immediate gift annuity rates are the same.
Please check the Assumptions & Comments page for further information about deferred payment gift annuities. |
Single Life - ACGA Suggested Gift Annuity Rates
Two Lives - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Approved by the American Council on Gift Annuities October 16, 2002
Single Life - ACGA Suggested Gift Annuity Rates
Two Life - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Approved by the American Council on Gift Annuities April 10, 2002
Single Life - ACGA Suggested Gift Annuity Rates
Two Life - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
For the complete copy of the ACGA Gift Annuity Rates Effective July 1, 2002 Report (37 pages), released at our April 2002 conference, please Contact Us.
Approved by the American Council on Gift Annuities April 30, 2001
Single Life - ACGA Suggested Gift Annuity Rates
Two Life - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Approved by the American Council on Gift Annuities April 18, 1999
Single Life - ACGA Suggested Gift Annuity Rates
Two Life - ACGA Suggested Gift Annuity Rates
Deferred Payment Gift Annuity Factors (All states except New York & New Jersey)
Deferred Payment Gift Annuity Factors (For New York & New Jersey Only)
Assumptions Underlying ACGA Gift Annuity Rates (7/1/99 Current)
Understanding Changes in 7/1/99 Gift Annuity Rates by Frank Minton
