Tiger Tables Software

The following rates are effective July 1, 2010. Prior rates can be seen on the ACGA's web site: www.acga-web.org. Remember that these are maximum rates. Donors can always request a lower rate, get a bigger charitable deduction and help their favorite charities even more.

Single Life
Two-Life
Interest Factors For Deferred Annuities (Except New York and New Jersey)
Interest Factors For Deferred Annuities in New York and New Jersey

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.

Single Life

Age	Rate	Age	Rate	Age	Rate
0-5	3.1	48-49	4.7	75	6.4
6-11	3.2	50	4.8	76	6.5
12-16	3.3	51-53	4.9	77	6.7
17-20	3.4	54-56	5.0	78	6.8
21-25	3.5	57-58	5.1	79	7.0
26-29	3.6	59-61	5.2	80	7.2
30-31	3.7	62-63	5.3	81	7.4
32-33	3.8	64	5.4	82	7.5
34-36	3.9	65-66	5.5	83	7.7
37-38	4.0	67	5.6	84	7.9
39-40	4.1	68	5.7	85	8.1
41	4.2	69-70	5.8	86	8.3
42-43	4.3	71	5.9	87	8.6
44-45	4.4	72	6.0	88	8.9
46	4.5	73	6.1	89	9.2
47	4.6	74	6.3	90 & over	9.5

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 3.2% or higher, whatever the payment frequency. If the CMFR is less than 3.2%, 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%.

Two Lives– Joint And Survivor

Younger Age	Older Age	Rate
0-4	All	3.0
5-14	5+	3.1
15-21	15+	3.2
22-26	22+	3.3
27-31	27+	3.4
32-34	32+	3.5
35-38	35+	3.6
39-40	39+	3.7
41-43	41+	3.8
44-45	44+	3.9
46-47	46+	4.0
48-49	48+	4.1
50	50+	4.2
51-52	51+	4.3
53	53+	4.4
54	54+	4.5
55-56	55+	4.6
57	57+	4.7
58	58+	4.8
59	59+	4.9
60	60-61	4.9
60	62+	5.0
61	61+	5.0
62	62-65	5.0
62	66+	5.1
63	63-64	5.0
63	65+	5.1
64	64-68	5.1
64	69+	5.2
65	65-67	5.1
65	68+	5.2
66	66	5.1
66	67-70	5.2
66	71+	5.3
67	67-69	5.2
67	70-73	5.3
67	74+	5.4
68	68	5.2
68	69-72	5.3
68	73+	5.4
69	69-70	5.3
69	71-74	5.4
69	75+	5.5
70	70-73	5.4
70	74-77	5.5
70	78+	5.6
71	71-72	5.4
71	73-75	5.5
71	76-78	5.6
71	79+	5.7
72	72-73	5.5
72	74-77	5.6
72	78-80	5.7
72	81+	5.8
73	73-75	5.6
73	76-78	5.7
73	79-81	5.8
73	82+	5.9
74	74	5.6
74	75-76	5.7
74	77-79	5.8
74	80-82	5.9
74	83+	6.0
75	75	5.7
75	76-78	5.8
75	79-80	5.9

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

Younger Age	Older Age	Rate
84	86	7.1
84	87-88	7.2
84	89	7.3
84	90	7.4
84	91-92	7.5
84	93-94	7.6
84	95+	7.7
85	85	7.1
85	86	7.2
85	87	7.3
85	88	7.4
85	89-90	7.5
85	91	7.6
85	92	7.7
85	93-94	7.8
85	95+	7.9
86	86	7.3
86	87	7.4
86	88	7.5
86	89	7.6
86	90	7.7
86	91	7.8
86	92	7.9
86	93-94	8.0
86	95+	8.1
87	87	7.5
87	88	7.6
87	89	7.7
87	90	7.9
87	91	8.0
87	92-93	8.1
87	94	8.2
87	95+	8.3
88	88	7.8
88	89	7.9
88	90	8.0
88	91	8.1
88	92	8.2
88	93	8.3
88	94	8.4
88	95+	8.5
89	89	8.0
89	90	8.2
89	91	8.3
89	92	8.4
89	93	8.5
89	94	8.7
89	95+	8.8
90	90	8.3
90	91	8.5
90	92	8.6
90	93	8.7
90	94	8.9
90	95+	9.0
91	91	8.6
91	92	8.8
91	93	8.9
91	94	9.1
91	95+	9.2
92	92	8.9
92	93	9.1
92	94+	9.3
93	93+	9.3
94	94+	9.3
95	95+	9.3

Interest Factors For Deferred Annuities (Except New York and New Jersey)

Determine the annuity starting date, which is:
One year before the first payment, if payments are made annually.
Six months before the first payment, if payments are made semi-annually.
Three months before the first payment, if payments are made quarterly.
One month before the first payment, if payments are made monthly.
Determine the number of whole and fractional years from the date of the contribution to the annuity starting date (the deferral period). Express the fractional year as a decimal of four numbers.
For a deferral period of any length, use the following formula to determine the compound interest factor:

F = 1.045^d, where
F is the compound interest factor and
d is the deferral period

Example: If the period between the contribution date and the annuity starting date is 14.5760 years, the compound interest factor would be 1.045^14.5760 = 1.8995.

4. Multiply the compound interest factor (F) by the immediate gift annuity rate for the nearest age or ages of a person or persons at the annuity starting date.

Example: If the sole annuitant will be nearest age 65 on the annuity starting date and the compound interest factor is 1.8995, the deferred gift annuity rate would be 1.8995 x 5.5% = 10.4% (rounded to the nearest tenth of a percent).

Comments:

The annuity starting date for purposes of calculating the deferred gift annuity rate will be the same as the annuity starting date for calculating the charitable deduction, if payments are at the end of the period (which is usually the case). This was not true with the pre-July 1, 2001 methodology.

An annuitant is credited with compound interest for the entire period from the date of contribution to the annuity starting date. Under the pre-July, 2001 methodology, compound interest was credited only for the number of whole years between the two dates.

Charities issuing deferred gift annuities in New York and New Jersey may need to use a slightly lower compounding rate depending on the deferral period. Information regarding this subject will be posted on the ACGA website (www.acga-web.org) and on the new gift annuity rate sheets.

Deferred Payment Gift Annuity Factors for New York and New Jersey *

Through August of 2010, the following compound interest factors during the deferral period noted will satisfy the requirements of New York and New Jersey:

For deferral periods of zero to no more than five years:

Single-life and two-life annuities, whatever the gender of the annuitants, a compound interest factor of 4.5%.

For deferral periods of more than five years to no more than 10 years:

Single-life and two-life annuities, whatever the gender of the annuitants, a compound interest factor of 4.5%.

For deferral periods of more than 10 years to no more than 20 years:

Single-life and two-life annuities, whatever the gender of the annuitants, a compound interest factor of 4.5%.

For deferral periods of more than 20 years:

Single-life and two-life annuities, whatever the gender of the annuitants, a compound interest factor of 4.5%.

The deferred gift annuity rates with the lower compound interest factor should be acceptable for all ages in New York and New Jersey. Any changes in this regard will be posted on the ACGA website and noted on printed rate schedules.

* New York and New Jersey are the two states known at this time that may require different interest factors for deferred gift annuities with longer deferral periods.

Annuity Starting Date

One year before the first payment, if payments are made annually.

Six months before the first payment, if payments are made semi-annually.

Three months before the first payment, if payments are made quarterly.

One month before the first payment, if payments are made monthly.

American Council on Gift Annuities Recommended Rates

Single Life

Two Lives– Joint And Survivor

Deferred Payment Gift Annuity Factors for New York and New Jersey *