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Lakeland College's Charitable Gift Annuity Rates Changing Effective July 1, 2011

The American Council on Gift Annuities (ACGA) approved a rate change effective 7/1/2011. Lakeland College subscribes to ACGA rates for our charitable gift annuities. As a general rule, the rates will slightly lower for one-life annuities, for people age 69 and younger. The rates will generally be higher for annuitants age 75 or older. Two-Life gift annuity rates will have similar rate changes. If you are interested in considering a charitable gift annuity for Lakeland College it may be advantageous for you to act before July 1, 2011. Please contact Stuart Merritt, Director of Major and Planned Gifts at MerrittSK@lakeland.edu to discuss how these rate changes could affect you.

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