For the Charitable Remainder Annuity Trust and Charitable Lead Annuity Trust models, you may now enter the payout as either a Percentage Payout or as an Annual $ Payout amount. If you enter a number less than 100 at the Percentage Payout, it is taken as a percentage value. If you enter a number greater than 100, it is taken as a dollar amount and the name of the input is changed to Annual $ Payout. Note: Optimization is always performed using Percentage Payouts.
It is recommended that you rerun any two-life deferred Gift Annuity cases that you ran with versions 1999.10 or 1999.11. An Lx factor was being incorrectly set to 0 (zero) in such cases. This has been corrected.
Version 1999.20 includes the new Table 90CM and the new Recommended Rates for Gift Annuities that were previously added in versions 1999.10 and 1999.11.
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