Tuesday, December 06, 2011
ACGA Releases Suggested Charitable Gift Annuity Rates Effective January 1, 2012 | Planned Giving Design Center
ACGA Releases Suggested Charitable Gift Annuity Rates Effective January 1, 2012 | Planned Giving Design Center: The American Council on Gift Annuities (ACGA) board of directors held its semi-annual meeting on November 7, 2011. As part of a continual monitoring process, the board 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 will become effective January 1, 2012. At ages older than 60, when the majority of gift annuities are issued, one-life rates will decline by 0.5% to 0.8%.