The gift annuity rate tables below illustrate select ONE-life gift annuity rates and select TWO-life gift annuity rates currently offered in most states by Claremont McKenna College.
 

Attractive Rates

The Board of Trustees at Claremont McKenna College has approved charitable gift annuity rates that are higher than the gift annuity rates suggested by the American Council on Gift Annuities (ACGA). The Board retains the right to make future modifications to the rates (applicable only to new gift annuities).

Florida Residents

To comply with Florida regulations, the gift annuity rates we can offer to Florida residents are slightly lower at certain ages. If you are a Florida resident, please refer to the column titled Florida Rates to view the rates available at your age(s).

Temporary Rate Reduction at Certain Ages

IRS regulations require that a charity must be able to calculate a charitable deduction equal to at least 10% of the gift amount.  Provided monthly by the IRS, the Applicable Federal Rate, commonly called the AFR or the Discount Rate, is used to calculate the charitable deduction.

Due to significant declines in the monthly AFR over the past several years, the College is forced to temporarily lower the gift annuity rate that it can offer at certain ages. The gift annuity rates in the chart below reflect the highest gift annuity rate the College can offer based on the current available discount rate. We are happy to answer questions.

The CMC Gift Annuity is not available in New York, New Hampshire, New Jersey, Maryland or Hawaii.

Select One-Life Gift Annuity Rates

Age Payment Rate Age Payment Rate

60

5.33

76

8.5

65

6.239

78

8.8

70

7.513

80

9.1

72

8.1

85

10.5

74

8.2

90

12.6

Select Two-Life Gift Annuity Rates

Ages Payment Rate Age Payment Rate

60 & 60

4.3641

76 & 76

7.4332

65 & 65

4.9991

78 & 78

8.1196

70 & 70

5.8778

80 & 80

8.6

72 & 72

6.3242

85 & 85

9.4

74 & 74

6.8393

90 & 90

11.0