The following tables provide rates at selected ages for use with new donors: Charitable Gift Annuity Rates
Approved by the American Council on Gift Annuities
Effective July 1, 2003
One Life | Two Lives |
Age | Rate | Ages | Rates |
65 | 6.0 | 65/65-66 | 5.7 |
70 | 6.5 | 70/70-71 | 5.9 |
75 | 7.1 | 75/76-77 | 6.4 |
80 | 8.0 | 80/81/82 | 7.0 |
85 | 9.5 | 85/85 | 7.9 |
90+ | 11.3 | 90/90 | 9.3 |
From the table you can see that a seventy year old annuitant would receive a payout of 6.5%. This means that a contribution of $10,000 for a gift annuity with the Archdiocese or Catholic Charities would result in an annuity or annual sum of $650 payable $162.50 each calendar quarter. A portion of the annual payout would be taxfree for the annuitant's life expectancy. For a personalized illustration of your specific rate please call Jim Edwards at 410-916-6345.
