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2004 Gift Annuity Rates - Single Life
SUGGESTED CHARITABLE GIFT ANNUITY RATES

Approved by the American Council on Gift Annuities
May 5, 2005
Effective July 1, 2005

SINGLE LIFE
Age
Rate
Age
Rate
0 - 1
3.7%
55
5.5%
2 - 5
3.8
56
5.6
6 - 12
3.9
57
5.6
13 - 19
4.0
58
5.7
20
4.0
59
5.7
21
4.1
60
5.7
22
4.1
61
5.8
23
4.1
62
5.9
24
4.1
63
5.9
25
4.1
64
6.0
26
4.2
65
6.0
27
4.2
66
6.1
28
4.2
67
6.2
29
4.3
68
6.3
30
4.3
69
6.4
31
4.3
70
6.5
32
4.4
71
6.6
33
4.4
72
6.7
34
4.4
73
6.8
35
4.5
74
6.9
36
4.5
75
7.1
37
4.6
76
7.2
38
4.6
77
7.4
39
4.7
78
7.6
40
4.7
79
7.8
41
4.8
80
8.0
42
4.8
81
8.3
43
4.9
82
8.5
44
5.0
83
8.8
45
5.0
84
9.2
46
5.1
85
9.5
47
5.2
86
9.9
48
5.2
87
10.2
49
5.3
88
10.6
50
5.3
89
11.0
51
5.4
90 and over
11.3
52
5.4
53
5.5
54
5.5

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:

  1. The rates are for ages at the nearest birthday.

  2. 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.


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


  4. 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 2004

 
2004 Gift Annuity Rates - Two Lives
New rates on the way...
SUGGESTED CHARITABLE GIFT ANNUITY RATES

Approved by the American Council on Gift Annuities
May 5, 2005
Effective July 1, 2005

Two Lives - Joint and Survivor
Youn-
ger Age
Older Age
Rate
0-1
All
3.5%
2-5
2+
3.6
6-12
6+
3.7
13-19
13+
3.8
20
20+
3.8
21
21+
3.8
22
22+
3.8
23
23+
3.9
24
24+
3.9
25
25+
3.9
26
26+
3.9
27
27+
3.9
28
28+
3.9
29
29+
4.0
30
30+
4.0
31
31+
4.0
32
32+
4.0
33
33+
4.1
34
34+
4.1
35
35+
4.1
36
36+
4.1
37
37+
4.2
38
38+
4.2
39
39+
4.2
40
40+
4.3
41
41+
4.3
42
42+
4.3
43
43+
4.4
44
44+
4.4
45
45+
4.5
46
46+
4.5
47
47+
4.6
48
48+
4.6
49
49+
4.7
50
50+
4.7
51
51+
4.8
52
52+
4.9
53
53+
4.9
54
54
5.0
55
55+
5.0
55
55+
5.0
56
56-57
5.1
56
58+
5.2
57
57-58
5.2
57
59+
5.3
58
58-63
5.3
58
64+
5.4
59
59-61
5.4
59
62+
5.5
60
60
5.4
60
61+
5.5
61
61-65
5.5
61
66+
5.6
62
62-64
5.5
62
65-70
5.6
62
71+
5.7
63
63
5.5
63
64-68
5.6
63
69+
5.7
64
64-66
5.6
64
67-72
5.7
64
73+
5.8
65
65
5.6
65
66-70
5.7
65
71+
5.8
66
66-68
5.7
66
69-73
5.8
66
74+
5.9
67
67
5.7
67
68-71
5.8
67
72-76
5.9
67
77+
6.0
68
68-70
5.8
68
71-74
5.9
68
75-78
6.0
68
79+
6.1
69
69
5.8
69
70-72
5.9
69
73-76
6.0
69
77-80
6.1
69
81+
6.2
70
70-71
5.9
70
72-74
6.0
70
75-77
6.1
70
78-82
6.2
70
83+
6.3
71
71-73
6.0
71
74-76
6.1
71
77-79
6.2
71
80-83
6.3
71
84+
6.4
Youn-
ger Age
Older Age
Rate
72
72
6.0%
72
73-74
6.1
72
75-77
6.2
72
78-80
6.3
72
81-84
6.4
72
85+
6.5
73
73
6.1
73
74-75
6.2
73
76-78
6.3
73
79-81
6.4
73
82-84
6.5
73
85+
6.6
74
74
6.2
74
75-76
6.3
74
77-79
6.4
74
80-81
6.5
74
82-84
6.6
74
85+
6.7
75
75
6.3
75
76-77
6.4
75
78-79
6.5
75
80-82
6.6
75
83-85
6.7
75
86-88
6.8
75
89+
6.9
76
76
6.4
76
77-78
6.5
76
79-80
6.6
76
81-82
6.7
76
83-84
6.8
76
85-87
6.9
76
88+
7.0
77
77
6.5
77
78-79
6.6
77
80
6.7
77
81-82
6.8
77
83-84
6.9
77
85-87
7.0
77
88-90
7.1
77
91+
7.2
78
78-79
6.7
78
80-81
6.8
78
82
6.9
78
83-84
7.0
78
85-86
7.1
78
87-89
7.2
78
90-92
7.3
78
93+
7.4
79
79
6.8
79
80-81
6.9
79
82
7.0
79
83-84
7.1
79
85-86
7.2
79
87-88
7.3
79
89-90
7.4
79
91-93
7.5
79
94+
7.6
80
80
6.9
80
81
7.0
80
82
7.1
80
83-84
7.2
80
85
7.3
80
86-87
7.4
80
88-89
7.5
80
90-91
7.6
80
92-94
7.7
80
95+
7.8
81
81
7.1
81
82-83
7.2
81
84
7.3
81
85
7.4
81
86-87
7.5
81
88
7.6
81
89-90
7.7
81
91-92
7.8
81
93-94
7.9
81
95+
8.0
82
82-83
7.3
82
84
7.4
82
85
7.5
82
86
7.6
82
87
7.7
82
88-89
7.8
82
90
7.9
82
91-92
8.0
82
93-94
8.1
82
95+
8.2
Youn-
ger Age
Older Age
Rate
83
83
7.4%
83
84
7.5
83
85
7.6
83
86
7.7
83
87
7.8
83
88
7.9
83
89
8.0
83
90-91
8.1
83
92
8.2
83
93-94
8.3
83
95+
8.4
84
84
7.6
84
85
7.8
84
86
7.9
84
87
8.0
84
88-89
8.1
84
90
8.2
84
91
8.3
84
92
8.4
84
93-94
8.5
84
95+
8.6
85
85
7.9
85
86
8.0
85
87
8.1
85
88
8.2
85
89
8.3
85
90
8.4
85
91
8.5
85
92
8.6
85
93-94
8.7
85
95+
8.8
86
86
8.1
86
87
8.2
86
88
8.4
86
89
8.5
86
90
8.6
86
91
8.7
86
92
8.8
86
93
8.9
86
94
9.0
86
95+
9.1
87
87
8.4
87
88
8.5
87
89
8.6
87
90
8.8
87
91
8.9
87
92
9.0
87
93
9.1
87
94
9.2
87
95+
9.3
88
88
8.7
88
89
8.8
88
90
8.9
88
91
9.1
88
92
9.2
88
93
9.3
88
94
9.4
88
95+
9.5
89
89
9.0
89
90
9.1
89
91
9.3
89
92
9.4
89
93
9.5
89
94
9.7
89
95+
9.8
90
90
9.3
90
91
9.5
90
92
9.6
90
93
9.8
90
94
9.9
90
95+
10.1
91
91
9.6
91
92
9.8
91
93
10.0
91
94
10.1
91
95+
10.3
92
92
10.0
92
93
10.2
92
94
10.4
92
95+
10.6
93
93
10.4
93
94
10.6
93
95+
10.8
94
94
10.8
94
95+
11.0
95 & over
95+
11.1

 
   
         
   



 

 


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