Will Variable Annuities Keep Ratcheting Up?

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   David RacichPRO

   Fountain Hills, Arizona

   Assuming that “ratcheting up” refers to the interest rate credited to the high water mark solely used for income purposes only, the short answer to day is no. The interest rate arms race of the last decade is over. The interest rate posture taken by new variable annuity contracts offered today in comparison to the last decade has decreased. It could change. But in short term more than likely no.  
   
   

   Answered on May 27, 2013

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