Will Annuity Rates Increase In 2014?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   No one has a crystal ball nor the market clairvoyance to predict economic conditions of interest rates in the future. The only consideration is that there are historical trends, which can never be used as a predicable indicator. But they suggest that prolonged low interest rates generally give way to higher interest rates. The recent up tick in 10 year Treasuries may suggest the beginning of such a trend. Many advisers, who sell tax deferred fixed interest rate annuities are recommending short term policies in the present environment.

   Answered on August 30, 2013

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