January 4, 2012
The American Council on Gift Annuities (acga-web.org) board of directors has reviewed the current assumptions that underlie the rates schedules. Given the significant changes in the economic environment, the board approved a new schedule of suggested maximum gift annuity rates which became effective January 1, 1012. At ages older than 60, when the majority of gift annuities are issued, one-life rates will decline by 0.5% to 0.8%.
Source: Taxwise Giving, December 2011
Source: Taxwise Giving, December 2011
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