Fixed Rate Annuity

Initially introduced in 1995 they are a modern class of annuity that utilize a safer approach to asset growth potential.

Fixed rate annuity. While other similar 5-year guaranteed investments like Treasuries and CDs are yielding up to about 1 a number of insurance companies are offering 5-year fixed rate annuities today that have. It is most similar to a Certificate of Deposit CD that is offered by a bank or other-FDIC insured institution except that it is. A single premium deferred fixed annuity.

In contrast a variable annuitys rate can fluctuate because its tied to the stock market. After that annuity rate period ends the insurance company will set a new interest rate. A Fixed Annuity is a retirement savings plan sold by an insurance company offering a fixed interest rate set by the insurance company to customers wanting to earn more interest than a Certificate of Deposit CD.

Fixed annuities are a common part of retirement planning. Contracts can range from 2 years in length to 20 years in length. At the end of this guarantee period you have several choices including renewing your contract or annuitizing.

Each fixed annuity has a term ranging from 2 years to 20 years in length. Fixed Rate Annuity Calculator The Standard Fixed Rate Annuity Calculator Calculate your estimated interest earned over a select period of time demonstrating how a fixed single-premium deferred annuity may grow over the years. According to the terms of your contract your rate will last for a specific period of time.

A fixed rate annuity can help you diversify your portfolio with guaranteed growth protected from stock market volatility. Fixed annuities are often compared to Certificates of Deposit CDs and are sometimes referred to as a CD Type Annuity because of the many similarities. The rates presented on this page are fixed annuity rates for the specified terms.

With a fixed annuity the insurance company guarantees both the rate of return the interest rate and the payout to the investor. A fixed annuity also known as a multi-year guaranteed annuity MYGA provides a guaranteed rate of return for a predetermined period of time. Fixed-rate annuities and MYGAs earn a guaranteed fixed interest rate that the insurer sets upfront like a CD at a bank.