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Higher Gift Annuity Rates as of 1/1/2024
Now is the time to support Smith College 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 | New Rates After 1/1/2024 |
Rates Before 1/1/2024 |
Ages | New Rates After 1/1/2024 |
Rates Before 1/1/2024 |
| 65 | 5.70% | 5.4% | 65-65 | 5.00% | 4.7% |
| 70 | 6.30% | 5.9% | 70-70 | 5.50% | 5.2% |
| 75 | 7.00% | 6.6% | 75-75 | 6.20% | 5.8% |
| 80 | 8.10% | 7.6% | 80-80 | 6.90% | 6.5% |
| 85 | 9.10% | 8.7% | 85-85 | 8.10% | 7.7% |
| 90 | 10.10% | 9.7% | 90-90 | 9.80% | 9.4% |
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.
Contact Gift Planning
Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.
Office of Gift Planning
Alumnae House
33 Elm Street
Northampton, MA 01063