New York Medical College

Alumni & Development

Annuity Rates

Single Life Charitable Gift Annuity Rates

 

The American Council on Gift Annuities (ACGA) is a qualified nonprofit organization formed in 1927 as the Committee on Gift Annuities for the purpose of providing educational and other services to American charities regarding gift annuities and other forms of planned gifts. One of the primary activities of the Council is the publication of suggested charitable gift annuity rates for use by charities and their donors. New York Medical College, like most other non-profits, uses these rates.

Below you will find both the current rates that were effective as of July 1, 2011.

Current Charitable Gift Annuities Rates

Age

Rate (%)

Age

Rate

54-55

4.4

74

6.3

56

4.5

75

6.5

57

4.6

76

6.6

58-59

4.7

77

6.8

60

4.8

78

7.0

61

4.9

79

7.3

62

5.0

80

7.5

63

5.1

81

7.7

64

5.2

82

7.8

65

5.3

83

8.0

66

5.4

84

8.2

67

5.5

85

8.4

68

5.6

86

8.6

69

5.7

87

8.9

70

5.8

88

9.2

71

5.9

89

9.5

72

6.0

90 & over

9.8

73

6.2

 

 

See our gift calculator for an estimated individual beneficiary rate. For rates for two beneficiaries and exact benefits to you, please contact our office.

For more information, please contact the Office of Development & Alumni Relations at development@nymc.edu or call (914) 594-4550.

Note: This page is intended to provide you with general information, not legal or tax advice about specific situations or problems. We strongly encourage you to consult a lawyer or accountant on all legal or tax matters.