What Are The Highest Paying Annuities?
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One response to “What Are The Highest Paying Annuities?”
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The highest paying annuities should be assessed by category: guaranteed fixed rate, indexed crediting rate, etc. Annuity interest rates can change so always check your annuity brokerage company for the latest crediting, but as of mid-May 2013, the fixed rate for 5 years was just around 3% and indexed caps around 5%. The low interest rate environment is creating innovation with income riders that can pay on distribution up to 7%. Remember all these rates can change.
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