Current Annuity Rates

When you are shopping for a fixed annuity, the most important factor that differentiates one fixed annuity from another is the interest rate you receive on your investment. All other things being equal, you should narrow your search down to a handful of fixed annuities that offer the highest current fixed annuity rates.

Plan Before you Invest

What affects fixed annuity rates?

  • Prevailing interest rates
  • When you start to take payments
  • Length of time payments are guaranteed
  • Individual insurance companies that sell annuities

Current interest rates on short-term US Treasury bills provide the best indication of the guaranteed rates you might receive on an annuity. Backed by the full faith and credit of the US government, they are considered the safest type of investment. Average annuity rates are usually higher when you delay payment for a number of years as opposed to having payments start immediately. You may receive a higher rate if you choose a period certain annuity as opposed to an annuity that will guarantee payments for as long as you may live. An insurance company may also offer higher rates to gain more customers and stay ahead of the competition.

Current fixed annuity rates do not always tell the full story because all other things are not always equal. It takes an annuity expert to decipher some of the language and terms in similar annuities offered by different insurance companies. Let us help you find the best annuity plans that will help secure the income you need for your future.

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