1. David RacichPRO
    Fountain Hills, Arizona
    Presently, fixed annuity rates are paying 2.95% guaranteed for five years and 3.25% for ten years. The spread is only 35 basis points for double the time period. Not a good deal for consumers if rates go up. And keep in mind that ten year annuities generally have heavy surrender charges, so it would be punitive to move them in a rising interest rate market. 

    Answered on May 30, 2013

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