Higher Gift Annuity Rates as of 1/1/2024
Now is the time to support MMFA because payout rates for new gift annuities increased on January 1, 2024. What a better way to support our mission far into the future.
The rates increased for all age levels for both single- and two-life.
| One Life | Two Lives | ||||
|---|---|---|---|---|---|
| Age | Rate | Ages | Rate | ||
| 65 | 5.7% | 65-65 | 4.8% | ||
| 70 | 6.3% | 70-70 | 5.5% | ||
| 75 | 7.0% | 75-75 | 6.2% | ||
| 80 | 8.1% | 80-80 | 6.9% | ||
| 85 | 9.1% | 85-85 | 8.1% | ||
| 90 | 10.1% | 90-90 | 9.8% | ||
Rates are set by the American Council on Gift Annuities (ACGA)
The benefits of a Charitable Gift Annuity along with the new rates mean:
- Higher payout rates
- Making a bigger impact
- Enjoying guaranteed secure income for life
- Making a tax-advantage gift.
Here are the details on how a Charitable Gift Annuity works.