Serving the Philanthropic Community Since 1927

Suggested Maximum Gift Annuity Rates, Quality Training Opportunities, and Consumer Protection Advocacy

fb li tw

 

Join the ACGA for the 34th Gift Planning Conference
We are Going to Atlanta!
Slider

Rates Update - Breaking News

The full paper on the new ACGA rates is now available in electronic format free of charge to ACGA members. The report can be found on our website here.  If you missed the webinar on 6/14/18, ACGA members can login and view the webinar presentation on our website here.

How to Join or Support the ACGA

The ACGA relies on the support of the charitable community and indivuals to carry out our mission of promoting responsibile philanthropy.  The ACGA actively promotes responsible philanthropy through actuarially sound, suggested maximum charitable gift annuity rates, quality training opportunities and the advocacy of appropriate consumer protection. 

Ways you can support ACGA:

Current IRS Discount Rates

Month Rate
July 2018 3.4%
June 2018 3.4%
May2018 3.2%

The IRS has released the Applicable Federal Rate for the current month. Each month the Service surveys hundreds of interest rates for various financial instruments and publishes the rate that is applicable for charitable deduction calculations. Click here to view historic AFRs.

State Regulations - Washington & Wisconsin

Two important changes are currently in the works in Washington and Wisconsin:

WisconsinLegislation is pending in Wisconsin that would eliminate the need for registration with, and annual reporting to, the Office of the Commissioner of Insurance (OCI).  The bill (SB 152) has passed the Senate, and awaits action in the Assembly after the legislative session resumes in January.  If adopted, in order to issue gift annuities in the state a charity will need to have been in existence for 3 years and include specific disclosure language in the agreement, but will not need to file anything with the OCI.  A charity that is currently registered would be required to send notification of the regulatory change to its existing Wisconsin annuitants.

WashingtonIn Washington, the Office of the Insurance Commissioner (OIC) is considering changes to how certain documents are filed.  ACGA has participated in a discussion of the proposed new process, and has also submitted written comments to the OIC.