The American Council on Gift Annuities (ACGA) has recommended maximum gift annuity payout rates since 1927.
Clarkson and more than 95% of charities follow their rate schedule.
The ACGA recently approved an increase in the suggested maximum rates effective July 1, 2018.
In general, maximum rates are rising between two-tenths to five-tenths percent.

Gift annuities generate fixed, guaranteed income for one or two lives.
You may save on capital gains tax and receive an income tax charitable deduction when you fund your annuity, and your gift will help Clarkson students.

Contact the Annie Clarkson Society for a financial projection using the new rate schedule.

The rate schedule published below will be effective on July 1, 2018.

Single Life

Age Rate Age Rate
52-53 4.1 74 6.1
54 4.2 75 6.2
55-56 4.3 76 6.4
57 4.4 77 6.6
58 4.5 78 6.8
59 4.6 79 7.1
60-61 4.7 80 7.3
62 4.8 81 7.5
63 4.9 82 7.7
64 5.0 83 7.9
65 5.1 84 8.1
66 5.2 85 8.3
67-68 5.3 86 8.5
69 5.4 87 8.7
70 5.6 88 8.9
71 5.7 89 9.2
72 5.8 90+ 9.5
73 5.9

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 CFMR is 2.8% or higher, whatever the payment frequency. If the CFMR is less than 2.8%, 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 CFMR 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 Younger Age Older Age Rate Younger Age Older Age Rate
5 5-95+ 2.8 63 63 4.3 79 82-83 6.3
6 6-95+ 2.8 63 64-65 4.4 79 84 6.4
7 7-95+ 2.8 63 66-69 4.5 79 85-86 6.5
8 8-95+ 2.8 63 70-72 4.6 79 87-88 6.6
9 9-95+ 2.8 63 73-95+ 4.7 79 89-90 6.7
10 10-95+ 2.8 64 64 4.4 79 91-93 6.8
11 11-95+ 2.8 64 65-67 4.5 79 94-95+ 6.9
12 12-95+ 2.8 64 68-70 4.6 80 80 6.2
13 13-95+ 2.8 64 71-73 4.7 80 81 6.3
14 14-95+ 2.8 64 74-95+ 4.8 80 82 6.4
15 15-95+ 2.8 65 65-66 4.5 80 83-84 6.5
16 16-95+ 2.9 65 67-68 4.6 80 85 6.6
17 17-95+ 2.9 65 69-71 4.7 80 86 6.7
18 18-95+ 2.9 65 72-74 4.8 80 87-88 6.8
19 19-95+ 2.9 65 75-95+ 4.9 80 89-90 6.9
20 20-95+ 2.9 66 66-67 4.6 80 91-92 7.0
21 21-95+ 3.0 66 68-69 4.7 80 93-95+ 7.1
22 22-95+ 3.0 66 70-72 4.8 81 81 6.4
23 23-95+ 3.0 66 73-74 4.9 81 82 6.5
24 24-95+ 3.0 66 75-95 5.0 81 83 6.6
25 25-95+ 3.1 67 67-68 4.7 81 84 6.7
26 26-95+ 3.1 67 69-70 4.8 81 85-86 6.8
27 27-95+ 3.1 67 71-72 4.9 81 87 6.9
28 28-95+ 3.1 67 73-77 5.0 81 88 7.0
29 29-95+ 3.2 67 78-95+ 5.1 81 89-90 7.1
30 30-95+ 3.2 68 68-69 4.8 81 91-92 7.2
31 31-95+ 3.2 68 70-71 4.9 81 93-95+ 7.3
32 32-95+ 3.2 68 72-74 5.0 82 82 6.6
33 33-95+ 3.2 68 75-95+ 5.1 82 83 6.7
34 34-95+ 3.2 69 69 4.9 82 84 6.8
35 35-95+ 3.3 69 70-72 5.0 82 85 6.9
36 36-95+ 3.3 69 73-76 5.1 82 86 7.0
37 37-95+ 3.3 69 77-95+ 5.2 82 87 7.1
38 38-95+ 3.3 70 70-71 5.0 82 88 7.2
39 39-95+ 3.4 70 72-74 5.1 82 89-90 7.3
40 40-95+ 3.4 70 75-77 5.2 82 91 7.4
41 41-95+ 3.4 70 78-81 5.3 82 92-95+ 7.5
42 42-95+ 3.5 70 82-95+ 5.4 83 83 6.8
43 43-95+ 3.5 71 71-72 5.1 83 84 6.9
44 44-95+ 3.5 71 73-75 5.2 83 85 7.1
45 45-47 3.5 71 76-78 5.3 83 86 7.2
45 48-95+ 3.6 71 79-81 5.4 83 87 7.3
46 46 3.5 71 82-95+ 5.5 83 88 7.4
46 47-95+ 3.6 72 72-74 5.2 83 89-90 7.5
47 47-95+ 3.6 72 75-76 5.3 83 91 7.6
48 48-50 3.6 72 77-79 5.4 83 92-95+ 7.7
48 51-95+ 3.7 72 80-82 5.5 84 84 7.1
49 49 3.6 72 83-95+ 5.6 84 85 7.2
49 50-95+ 3.7 73 73-74 5.3 73 78-79 5.5
50 50-54 3.7 73 75-77 5.4 84 87 7.4
50 55-95+ 3.8 84 86 7.3 84 88 7.6
51 51-53 3.7 73 80-82 5.6 84 89 7.7
51 54-95+ 3.8 73 83-95+ 5.7 84 90-91 7.8
52 52 3.7 74 74-75 5.4 84 92-95+ 7.9
52 53-57 3.8 74 76-77 5.5 85 85 7.3
52 58-95+ 3.9 74 78-79 5.6 85 86 7.5
53 53-56 3.8 74 80-82 5.7 85 87 7.6
53 57-95+ 3.9 74 83-85 5.8 85 88 7.7
54 54-55 3.8 74 86-95+ 5.9 85 89 7.9
54 56-60 3.9 75 75-76 5.5 85 90 8.0
54 61-95+ 4.0 75 77-78 5.6 85 91-95+ 8.1
55 55-58 3.9 75 79-80 5.7 86 86 7.6
55 59-64 4.0 75 81-82 5.8 86 87 7.8
55 65-95+ 4.1 75 83-84 5.9 86 88 7.9
56 56-57 3.9 75 85-95+ 6.0 86 89 8.1
56 58-61 4.0 76 76 5.6 86 90 8.2
56 62-95+ 4.1 76 77-78 5.7 86 91-95+ 8.3
57 57-60 4.0 76 79-80 5.8 87 87 8.0
57 61-65 4.1 76 81-82 5.9 87 88 8.1
57 66-95+ 4.2 76 83-84 6.0 87 89 8.3
58 58-59 4.0 76 85-86 6.1 87 90 8.4
58 60-63 4.1 76 87-95+ 6.2 87 91-95+ 8.5
58 64-67 4.2 77 77 5.7 88 88 8.3
58 68-95+ 4.3 77 78 5.8 88 89 8.5
59 59-61 4.1 77 79-80 5.9 88 90-95+ 8.7
59 62-65 4.2 77 81-82 6.0 89 89 8.7
59 66-70 4.3 77 83 6.1 89 90 8.9
59 71-95+ 4.4 77 84-85 6.2 89 91-95+ 9.0
60 60 4.1 77 86-88 6.3 90 90 9.1
60 61-63 4.2 77 89-95+ 6.4 90 91-95+ 9.3
60 64-67 4.3 78 78-79 5.9 91 91-95+ 9.3
60 68-72 4.4 78 80 6.0 92 92-95+ 9.3
60 73-95+ 4.5 78 81 6.1 93 93-95+ 9.3
61 61-62 4.2 78 82-83 6.2 94 94-95+ 9.3
61 63-65 4.3 78 84-85 6.3 95+ 95+ 9.3
61 66-69 4.4 78 86-87 6.4
61 70-95+ 4.5 78 88-89 6.5
62 62-64 4.3 78 90-95+ 6.6
62 65-67 4.4 79 79 6.0
62 68-71 4.5 79 80 6.1
62 72-95+ 4.6 79 81 6.2