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CMC Charitable Gift Annuity Rates

The gift annuity rate tables below illustrate the single-life gift annuity rates and selected two-life gift annuity rates currently offered by Claremont McKenna College.

Higher Rates

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

Temporary Forced Rate Reductions at Certain Ages

Due to declines in the monthly IRS discount rate used in calculating the charitable deduction (the "discount rate" is the IRS's presumed annual return by the charity on the gift once invested), and a requirement by the IRS that the charitable deduction must equal at least 10% of the gift amount, 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 discount rate (2.4%). The CMC Gift Annuity is not available in all states.

The CMC Gift Annuity is not available in all states.

Rates may vary by state.
Please contact our office to confirm your rates.


Single Life Gift Annuity Rates

Age Rate Age Rate Age Rate
60 5.5731% 73 8.4% 82 10.8%
65 6.4864% 74 8.6% 83 11.0%
66 6.7050% 75 8.8% 84 11.3%
67 6.9420% 76 9.0% 85 11.6%
68 7.1964% 77 9.3% 86 11.9%
69 7.4696% 78 9.6% 87 12.3%
70 7.7630% 79 9.9% 88 12.6%
71 8.0791% 80 10.2% 89 12.9%
72 8.2% 81 10.5% 90+ 13.2%

Selected Two-Life Gift Annuity Rates

Age Rate Age Rate Age Rate

60 & 60

4.5892%

76 & 76

7.6579%

84 & 84

9.6%

65 & 65

5.2225%

77 & 77

7.9891%

85 & 85

9.9%

70 & 70

6.1007%

78 & 78

8..2%

86 & 86

10.2%

71 & 71

6.3161%

79 & 79

8.3%

87 & 87

10.5%

72 & 72

6.5475%

80 & 80

8.6%

88 & 88

10.8%

73 & 73

6.7961%

81 & 81

8.8%

89 & 89

11.1%

74 & 74

7.0632%

82 & 82

9.0%

90 & 90

11.4%

75 & 75

7.3499%

83 & 83

9.3%




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