A gift annuity is a contract with Doane College. In return for a transfer of cash, marketable securities or other assets, Doane agrees to pay a fixed amount of money to one or more individuals, for their lifetime.
A person who receives payments is called an "annuitant" or "beneficiary". The payments are fixed and unchanged for the term of the contract. A portion of the payments are NOT called "income", as payments are considered to be a partial, tax-free return of the donor's gift. These payments are spread into equal amounts over the life expectancy of the annuitant(s).
If you would like a free, no obligation, projection of the tax consequences of making a gift annuity; we will calculate it for you.
Please contact Dan Meyer at 402.826.8237 or dan.meyer@doane.edu
Single Life - Rates
| Age | Rate | | Age | Rate | | Age | Rate |
| 55 | 5.3 | | 67 | 5.9 | | 79 | 7.4 |
| 56 | 5.3 | | 68 | 6.0 | | 80 | 7.6 |
| 57 | 5.4 | | 69 | 6.0 | | 81 | 7.8 |
| 58 | 5.4 | | 70 | 6.1 | | 82 | 8.0 |
| 59 | 5.4 | | 71 | 6.2 | | 83 | 8.3 |
| 60 | 5.5 | | 72 | 6.3 | | 84 | 8.6 |
| 61 | 5.5 | | 73 | 6.5 | | 85 | 8.9 |
| 62 | 5.6 | | 74 | 6.6 | | 86 | 9.2 |
| 63 | 5.6 | | 75 | 6.7 | | 87 | 9.5 |
| 64 | 5.7 | | 76 | 6.9 | | 88 | 9.8 |
| 65 | 5.7 | | 77 | 7.0 | | 89 | 10.1 |
| 66 | 5.8 | | 78 | 7.2 | | 90+ | 10.5 |
Two Life - Rates
Younger Age | Older Age | Rate | 0-1 | All | 3.2% | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 61 | 63+ | 5.3 | | | | | | | | | | | | | | | | | | | 64 | 71+ | 5.5 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 71 | 73-76 | 5.8 | | | | | | | | | |
| Younger Age | Older Age | Rate | 72 | 75-77 | 5.9 | 72 | 78-81 | 6.0 | 72 | 82+ | 6.1 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Younger Age | Older Age | Rate | 83 | 86 | 7.3 | 83 | 87-88 | 7.4 | 83 | 89 | 7.5 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Information on gift annuities can be found at the American Council on Gift Annuities web site: http://www.acga-web.org/whatisga.html
If you would like to receive more information, contact Dan Meyer at 402.826.8237, dan.meyer@doane