How Much Are Annuities Paying?

1. 

   0 POINTS

   

   Contact David Racich Contact David Racich by filling out the form below

   
   Name
   

   
   Email
   

   
   Phone Number
   

   
   Message
   

   Please leave this field empty.
   

   Δ

   Contact Me

   view profile
   David RacichPRO

   Fountain Hills, Arizona

   Presently, fixed annuity rates are paying 2.95% guaranteed for five years and 3.25% for ten years. The spread is only 35 basis points for double the time period. Not a good deal for consumers if rates go up. And keep in mind that ten year annuities generally have heavy surrender charges, so it would be punitive to move them in a rising interest rate market. 
   
   

   Answered on May 30, 2013

   +0

   1 0

   +1 this answer

   flag this answer

   view more answers by David Racich
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.