What Are Annuities Paying Today?

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    Peggy MacePRO
    Most of the U.S.
    There are websites that you can visit to immediately compare what annuities are paying today. However, as with most financial products, you must be sure you understand the features of the product and compare "apples to apples" in order to arrive at an accurate assessment. It is best to visit with a financial representative who sells annuities to find the annuity with the best features and best payment.
    Answered on May 17, 2013
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    David RacichPRO
    Fountain Hills, Arizona
    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.
     
    Answered on May 21, 2013
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