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Life Income Gifts
Charitable Gift Annuities
Charitable Gift Annuities are one form of Life income gifts. Trine University is also in a position to offer this popular planned giving option. In return for a transfer of cash or other property, a donor can receive a fixed sum of money over the course of one life time or two lives. The return payments are calculated based upon the ages of the recipeints.
American Council on Gift Annuities Suggested Maximum Rates |
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One Life |
Two Lives |
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Age |
Rate |
Younger Age |
Older Age |
Rate |
50 |
5.3% |
45 |
50 |
4.5% |
55 |
5.5% |
50 |
55 |
4.7% |
60 |
5.7% |
60 |
65 |
5.5% |
65 |
6.0% |
65 |
70 |
5.7% |
70 |
6.5% |
70 |
75 |
6.1% |
75 |
7.1% |
75 |
80 |
6.6% |
80 |
8.0% |
80 |
85 |
7.3% |
85 |
9.5% |
85 |
90 |
8.4% |
90 |
11.3% |
90 |
95+ |
10.1% |
