Higher Gift Annuity Rates as of 1/1/2024 | Springbrook Foundation

Planned Giving

Higher Gift Annuity Rates as of 1/1/2024

Now is the time to support Springbrook 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.


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