The American Council on Gift Annuities (ACGA) recently announced new suggested maximum charitable gift annuity rates, effective January 1, 2020.
The recommended payout rates have generally been lowered by 0.3 to 0.5 percentage points, based on the donor’s age. This translates to a very slight reduction in the overall payment amount.
Below are the new suggested single-life rates for ages 55+. The full charts are available here.
The ACGA has promoted responsible philanthropy since 1927 through suggested maximum rates based on prevailing economic conditions and actuarial assumptions. ■