Suggested CGA Rates Remain Unchanged as of April 2016

FOR IMMEDIATE RELEASE
April 14, 2016

At its semiannual meeting on April 5, 2016, the Board of Directors of the American Council on Gift Annuities (ACGA) reaffirmed the existing schedule of suggested maximum rates for charitable gift annuities which was originally published on January 1, 2012. As part of its ongoing review process, the Rates Committee of the ACGA monitors particular interest rates that underlie the investment return assumptions used to create the rate schedules. Annuitant mortality and other investment and expense assumptions are evaluated and updated as necessary on an annual basis. For more detailed information about our suggested gift annuity rates, please visit the gift annuity rates section of our website to obtain a copy of our latest Rates Paper.

David Libengood
ACGA Rates Committee