Higher Gift Annuity Rates as of 1/1/2024
Now is the time to support California Hospital Medical Center Foundation 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.