Charitable Gift Annuity Updates

The American Council on Gift Annuities met at the end of March regarding an in-depth review of how rates are determined. It is reviewing the findings and charitable gift annuity rates, and will issue their recommendations on or by July 1, 2009. There is no indication yet whether the rates will be changed, but if they are, it will become effective on September 1, 2009.

Warmest wishes,



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