Printer FriendlyA charitable gift annuity is easy to set up and it benefits both you and UML. You transfer assets UML and you and/or your spouse receive a lifetime annuity guaranteed by the assets of the University of Massachusetts Foundation. The assets can be in the form of cash or securities. The minimum amount for both a one-life arrangement and a two-life arrangement is $10,000. Gift annuities can also be deferred for an agreed upon number of years. The longer the gift annuity is deferred, the higher the annuity rate that can be offered.
For more information, contact University Advancement at 978-934-2223.
| Gift Annuity Rate Table | ||
|
Age of |
Current Annual Yield | |
| 65 | 6.0 % | |
| 66 | 6.1 | |
| 67 | 6.2 | |
|---|---|---|
| 68 | 6.3 | |
| 69 | 6.4 | |
| 70 | 6.5 | |
| 71 | 6.6 | |
| 72 | 6.7 | |
| 73 | 6.8 | |
| 74 | 6.9 | |
| 75 | 7.1 | |
| 76 | 7.2 | |
| 77 | 7.4 | |
| 78 | 7.6 | |
| 79 | 7.8 | |
| 80 | 8.0 | |