The American Council on Gift Annuities has announced the first major rate change since 2003 in response to America's changing economic situation and the return on invested assets. For a summary comparsion of the rate changes see the following FutureFocus.net site explanation especially designed for the McLeod Health Systems Foundation in Florence, South Carolina (a Connell and Associates client) at the following link.

For a summary table indicating the effect of the new rates for ages 55 thru 85 for both single life and two life agreements using cash or appreciated assets check out this PDF file. Feel free to download the PDF table and share it with your board.

Check out the promotional flyer developed by the McLeod Foundation using this link.

For a complete set of the suggested July 1, 2008 rates for the American Council on Gift Annuities see this ACGA Link.