1. 1000 POINTS
    Tyler Maddox
    Retirement Specialist, Cambridge Financial Group, Greenville, SC
    This can vary depending on the type of Annuity.

    Deferred Fixed Annuities currently pay anywhere from 2% for a 3 year contract, up to 3% for a 6 year contract.

    An Immediate Fixed Annuity (which pays a percentage based income for life on the amount you invest in the Annuity) currently pay up to 6.42% for a 65 year old, all the way up to 9% for a 75 year old.

    It is best to work with an independent annuity expert who can shop the current rates and give you the best company and best product available on the market.
    Answered on September 28, 2013
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