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Have you been thinking about a charitable gift annuity? Now is the time to take another look because payout rates for new gift annuities are increasing July 1, 2022.
What do the new rates mean?
Rates will increase for all age levels for both single-life and two-life charitable gift annuities. The increase in rates will vary from 0.4% to 0.6%.
One Life | Two Lives | ||||
Age | Current Rate |
Rate Effective 7/1/2022 |
Ages | Current Rate |
Rate Effective 7/1/2022 |
65 | 4.2% | 4.8% | 65-65 | 3.8% | 4.3% |
70 | 4.7% | 5.3% | 70-70 | 4.2% | 4.8% |
75 | 5.4% | 6.0% | 75-75 | 4.6% | 5.2% |
80 | 6.5% | 7.0% | 80-80 | 5.4% | 5.9% |
85 | 7.6% | 8.1% | 85-85 | 6.5% | 6.9% |
90 | 8.6% | 9.1% | 90-90 | 8.2% | 8.6% |
The benefits of a charitable gift annuity completed after July 1, 2022, will allow you to:
Contact us today to learn more about completing a charitable gift annuity and taking advantage of the new increased rates.
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