When Will Annuity Rates Go Up?

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   David RacichPRO

   Fountain Hills, Arizona

   No one is a prognosticator in predicating when and if interest rates go up. But if annuity sales trends (five year guaranteed rate annuities) are any indication, then perhaps in five years or less (2.95% for five years.) Long term fixed interest rate annuities, currently at 3.25% for ten years is too long if rates start moving up and your annuity has punitive surrender charges if you want to move.

   Answered on May 28, 2013

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