Higher Gift Annuity Rates as of 1/1/2024

Now is the time to support UM St. Joseph Medical Center 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.