Higher Gift Annuity Rates as of 1/1/2024
Now is the time to support Mercy Medical Center Merced 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 |
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.