New Year, New Gift Annuity Rates
The American Council on Gift Annuities announced new recommended rates in November 2019 to take effect January 1. New rates are between .4% and .5% lower than previous rates for most ages, resulting in slightly higher charitable deductions, as shown in the chart below (assumes a $10,000 transfer, quarterly payments and of a 2% §7520 rate):
Age |
Old Rate |
Charitable |
New Rate |
Charitable |
65 |
5.1% |
$2,655 |
4.7% |
$3,231 |
70 |
5.6 |
3,303 |
5.1 |
3,901 |
75 |
6.2 |
4,042 |
5.8 |
4,426 |
80 |
7.3 |
4,534 |
6.9 |
4,833 |
85 |
8.3 |
5,299 |
8.0 |
5,469 |
90 |
9.5 |
6,034 |
9.0 |
6,243 |
Recommended rates are designed to yield a 50% residuum for charities at the death of the annuity recipient(s).
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Charitable Giving
To register for this extremely useful tool, just click on CGTS-Online. AICR's OFFICE OF We are ready to work with you or your financial advisor. Our staff can provide detailed information about the various types of planned gifts, and will work with you to help create the planned gift that works for you. To reach an AICR Gift Planning staff person, send an e-mail to gifts@aicr.org or call: Charitable Giving
To register for this extremely useful tool, just click on CGTS-Online. AICR's OFFICE OF We are ready to work with you or your financial advisor. Our staff can provide detailed information about the various types of planned gifts, and will work with you to help create the planned gift that works for you. To reach an AICR Gift Planning staff person, send an e-mail to gifts@aicr.org or call:
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