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2008 Gift Annuity Rates - Single Life

Please Note:
These rates become effective 7/1/2008.

SUGGESTED CHARITABLE GIFT ANNUITY RATES

Approved by the American Council on Gift Annuities
April 3, 2008
Effective July 1, 2008

SINGLE LIFE

Age	Rate
1 and Under	3.3
2	3.3
3	3.3
4	3.3
5	3.3
6	3.4
7	3.4
8	3.4
9	3.4
10	3.4
11	3.4
12	3.5
13	3.5
14	3.5
15	3.5
16	3.5
17	3.5
18	3.6
19	3.6
20	3.6
21	3.6
22	3.7
23	3.7
24	3.7
25	3.7
26	3.8
27	3.8
28	3.8
29	3.9
30	3.9

Age	Rate
31	3.9
32	4.0
33	4.0
34	4.0
35	4.1
36	4.1
37	4.2
38	4.2
39	4.3
40	4.3
41	4.4
42	4.5
43	4.5
44	4.6
45	4.7
46	4.7
47	4.8
48	4.9
49	5.0
50	5.1
51	5.2
52	5.2
53	5.2
54	5.2
55	5.3
56	5.3
57	5.4
58	5.4
59	5.4
60	5.5

Age	Rate
61	5.5
62	5.6
63	5.6
64	5.7
65	5.7
66	5.8
67	5.9
68	6.0
69	6.0
70	6.1
71	6.2
72	6.3
73	6.5
74	6.6
75	6.7
76	6.9
77	7.0
78	7.2
79	7.4
80	7.6
81	7.8
82	8.0
83	8.3
84	8.6
85	8.9
86	9.2
87	9.5
88	9.8
89	10.1
90 and Over	10.5

WARNING: These annuity rates, for both immediate and deferred annuities and for both single life and two lives, should not be used if the gift portion, based on IRS tables and the applicable discount rate, is not more than 10% of the amount paid for the annuity.

NOTES:

The rates are for ages at the nearest birthday.

For immediate gift annuities, these rates will result in a charitable deduction of more than 10% if the CMFR is 4.0% or higher, whatever the payment frequency. If the CMFR is less than 4.0%, the deduction will be less than 10% when annuitants are below certain ages.

For deferred gift annuities with longer deferral periods, the rates may not pass the 10% test when the CMFR is low.

To avoid adverse tax consequences, the charity should reduce the gift annuity rate to whatever level is necessary to generate a charitable deduction in excess of 10%.

Source: American Council on Gift Annuities 2008

2008 Gift Annuity Rates - Two Lives

These rates effective 7/1/2008

SUGGESTED CHARITABLE GIFT ANNUITY RATES

Approved by the American Council on Gift Annuities
April 3, 2008
Effective July 1, 2008

Two Lives - Joint and Survivor

Younger Age	Older Age	Rate
1 and Under	All*	3.2
2	2+	3.2
3	2+	3.2
4	2+	3.2
5	2+	3.2
6	2+	3.2
7	2+	3.2
8	2+	3.2
9	9+	3.3
10	9+	3.3
11	9+	3.3
12	9+	3.3
13	9+	3.3
14	9+	3.3
15	9+	3.3
16	9+	3.3
17	9+	3.3
18	18+	3.4
19	18+	3.4
20	18+	3.4
21	18+	3.4
22	18+	3.4
23	18+	3.4
24	24+	3.5
25	25+	3.5
26	26+	3.5
27	27+	3.5
28	28+	3.5
29	29+	3.6
30	30+	3.6
31	31+	3.6
32	32+	3.6
33	33+	3.7
34	34+	3.7
35	35+	3.7
36	36+	3.7
37	37+	3.8
38	38+	3.8
39	39+	3.8
40	40+	3.9
41	41+	3.9
42	42+	4.0
43	43+	4.0
44	44+	4.1
45	45+	4.1
46	46+	4.1
47	47+	4.2
48	48+	4.3
49	49+	4.3
50	50+	4.4
51	51+	4.4
52	52+	4.5
53	53+	4.6
54	54+	4.7
55	55+	4.7
56	56+	4.8
57	57-58	4.9
57	59-60	5.0
57	61-62	5.1
57	63+	5.2
58	58	5.0
58	59-60	5.1
58	61+	5.2
59	59	5.1
59	60+	5.2
60	60-64	5.2
60	65+	5.3
61	61-62	5.2
61	63+	5.3
62	62-67	5.3
62	68+	5.4
63	63-66	5.3
63	67+	5.4
64	64-65	5.3
64	66-70	5.4
64	71+	5.5
65	65-68	5.4
65	69+	5.5
66	66-67	5.4
66	68-72	5.5
66	73+	5.6
67	67-70	5.5
67	71-75	5.6
67	76+	5.7
68	68-69	5.5
68	70-73	5.6
68	74-78	5.7
68	79+	5.8

Younger Age	Older Age	Rate
69	69-72	5.6
69	73-75	5.7
69	76+	5.8
70	70	5.6
70	71-74	5.7
70	75-78	5.8
70	79+	5.9
71	71-72	5.7
71	73-76	5.8
71	77-79	5.9
71	80+	6.0
72	72-74	5.8
72	75-77	5.9
72	78-81	6.0
72	82+	6.1
73	73	5.8
73	74-76	5.9
73	77-78	6.0
73	79-82	6.1
73	83-86	6.2
73	87+	6.3
74	74	5.9
74	75-77	6.0
74	78-80	6.1
74	81-82	6.2
74	83-86	6.3
74	87+	6.4
75	75-76	6.0
75	77-78	6.1
75	79-80	6.2
75	81-83	6.3
75	84-86	6.4
75	87+	6.5
76	76-77	6.1
76	78-79	6.2
76	80-81	6.3
76	82-83	6.4
76	84-86	6.5
76	87-90	6.6
76	91+	6.7
77	77	6.2
77	78-79	6.3
77	80-81	6.4
77	82-84	6.5
77	85-86	6.6
77	87-89	6.7
77	90+	6.8
78	78	6.3
78	79-80	6.4
78	81-82	6.5
78	83-84	6.6
78	85-86	6.7
78	87-88	6.8
78	89-92	6.9
78	93+	7.0
79	79	6.4
79	80	6.5
79	81-82	6.6
79	83-84	6.7
79	85-86	6.8
79	87-88	6.9
79	89-90	7.0
79	91-94	7.1
79	95+	7.2
80	80-81	6.6
80	82	6.7
80	83-84	6.8
80	85-86	6.9
80	87	7.0
80	88-89	7.1
80	90-92	7.2
80	93+	7.3
81	81	6.7
81	82	6.8
81	83-84	6.9
81	85	7.0
81	86-87	7.1
81	88-89	7.2
81	90-91	7.3
81	92-93	7.4
81	94+	7.5
82	82-83	6.9
82	84	7.0
82	85	7.1
82	86-87	7.2
82	88	7.3
82	89-90	7.4
82	91	7.5
82	92-94	7.6
82	95+	7.7

Younger Age	Older Age	Rate
83	83	7.0
83	84	7.1
83	85	7.2
83	86	7.3
83	87-88	7.4
83	89	7.5
83	90	7.6
83	91-92	7.7
83	93-94	7.8
83	95+	7.9
84	84	7.2
84	85	7.3
84	86	7.4
84	87	7.5
84	88	7.6
84	89-90	7.7
84	91	7.8
84	92	7.9
84	93-94	8.0
84	95+	8.1
85	85	7.4
85	86	7.5
85	87	7.6
85	88	7.7
85	89	7.8
85	90	7.9
85	91	8.0
85	92	8.1
85	93-94	8.2
85	95+	8.3
86	86	7.6
86	87	7.8
86	88	7.9
86	89	8.0
86	90	8.1
86	91	8.2
86	92-93	8.3
86	94	8.4
86	95+	8.5
87	87	7.9
87	88	8.0
87	89	8.1
87	90	8.2
87	91	8.3
87	92	8.4
87	93	8.5
87	94	8.6
87	95+	8.7
88	88	8.1
88	89	8.3
88	90	8.4
88	91	8.5
88	92	8.6
88	93	8.8
88	94	8.9
88	95+	9.0
89	89	8.4
89	90	8.6
89	91	8.7
89	92	8.8
89	93	9.0
89	94	9.1
89	95+	9.2
90	90	8.7
90	91	8.9
90	92	9.0
90	93	9.2
90	94	9.3
90	95+	9.4
91	91	9.0
91	92	9.2
91	93	9.4
91	94	9.5
91	95+	9.7
92	92	9.4
92	93	9.6
92	94	9.7
92	95+	9.9
93	93	9.8
93	94	10.0
93	95+	10.1
94	94+	10.2
95 and Over	95+	10.3

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