How Do Annuities Pay?

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    David RacichPRO
    Fountain Hills, Arizona
    Tax deferred fixed annuities pay a guaranteed interest rate for a guaranteed period of time. Interest rates are constantly changing so it’s important to check with a brokerage annuity companies that display several insurance companies. As of this posting: 5 year rate is 2.85%, 7 year rate is 3.20% and 10 year rate is 3.45%. Also check the insurance company to see if they are filed in your state.
     
    Answered on July 16, 2013
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