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Average Annuity Interest Rates

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1)High interest rates (Higher than CD's) with tax deferral (Fixed Annuity.)

Annuity interest rates are generally higher than those earned with CD's. Annuity's also earn interest tax deferred, whereas CD's require that the taxes on the interest be paid each year. You can choose to annuitize later if you wish to start receiving annuity payments.

2)Income for my lifetime only (Single/Straight Life Annuity.)

If you choose this option the annuity income is paid throughout your life only. When you die, the income will no longer be paid. However, the income you will receive each year from a single life annuity will be greater than a joint life annuity.

3)Income that continues to another later (Joint Life Annuity.)

This type of annuity will pay your spouse and/or loved one a percentage of the payment you received, after you have died. This means that after your death, your spouse and/or loved one will receive an income for the rest of their life.The greater the payment after your death to this person, the lower the payment will be to you during your lifetime.

4)Income that is guaranteed for a certain length of time (Guaranteed Annuity.)

This type of annuity will guarantee that income is paid for a minimum period of time, referred to as the "certain period." This means even if you die before the end of the guarantee, the remaining payments left under the guarantee will be paid to your estate.

5)I'm not sure. I will decide after I get the information.

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10/13/2008 News For:

Average Annuity Interest Rates


Stupid Investment of the Week: Bank deposits earning below-average interest rates  MarketWatch columnist Chuck Jaffee's Stupid Investment of the Week is on deposits earning low interest rates.

Home loan interest rates are a function of the outside economic environment  Over a long period, it is impossible to predict what direction interest rates will take. While increasing the EMI would retire the loan earlier, any increase in rates will again take you back to square one

Fed slashes interest rates, but stocks lose again  WASHINGTON ? Wall Street bounced higher and lower Wednesday trying to make up its mind about an unprecedented coordinated interest rate cut by central banks around the world. In the end it settled on a familiar feeling ? fear ? and plunged again.

The Savings Game: Taxes inevitable when drawing from an annuity  QYears ago, I bought a fixed deferred annuity, as I didn't have, and still don't have, any retirement plan at work. The banker said it was like a certificate of deposit except I didn't have to pay tax on the interest.

'Time it right' as interest rates tumble  Interest rates are falling, but how far they will drop is a question being asked by more than 100,000 households that have $13 billion of mortgages rolling over soon.

Interbank lending rates keep rising  Governments around the world have slashed interest rates and ramped up their lending to unprecedented levels.

Financial crisis may pressure interest rates in India: RBI  Washington, Oct 10 Amid India Inc's expectations of a cut in lending rates, Reserve Bank has said global financial crisis could put upward pressure on domestic interest rates in India.

Fed cuts interest rates as outlook worsens   The Federal Reserve slashed its interest rates on Wednesday in a coordinated move with other major central banks as new economic forecasts painted a dismal picture of the US economy.

CRR cut could soften interest rates: Bankers  With another round of cut in the mandatory cash deposit requirement by 100 basis points, bankers feel that the easing of the liquidity would translate into softening of interest rates.

Bahrain cuts interest rates  Bahrain cuts interest rates

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