Advertiser Disclosure

Best Annuity Rates And How To Go About With Them

Best Annuity Rates And How To Go About With Them Retirement Planning

Annuities are a likable concept as people more often than not, diver a particular portion of their savings to an annuity just to attain some kind of financial security and peace of mind which can be promised by the guaranteed income that an annuity brings. However, the catch is that annuities are confusing. Choosing one amongst the many options and choosing one that would suit your needs and requirements perfectly is difficult. However, you can compare and contrast with the help of online tools like a fixed annuity calculator, federal retirement annuity calculator etc. The current annuity rates are also presented as ‘Today’s annuity rates’ on various online platforms. It is important that on the basis of your retirement requirements, you take into consideration and compare retirement annuity rates. Annuity rates table and annuity rates charts are available online to further simplify your problems when choosing an annuity. Here are the 2017 best annuity rates:

For the purpose of retirement, one can choose an immediate “cash installment refund” annuity which would ensure that when an investor dies, any principal that is left to be paid will go out to the heirs mostly. This kind of an annuity from American National offers a monthly income of $924.43 when the percentage paid on investment is 5.55% and the total income that one would receive by the age of 85 would be $277,329. Penn Mutual also offers this annuity and provides a monthly income of $918.31 when the percentage paid on investment is 5.51% and the total income that one would receive by the age of 85 would be $275,493.

The kind of annuities which are mostly preferred by people who are planning for retirement would be the immediate annuities or the longevity insurance. The latter is best offered by the companies of Foresters, Mutual of Omaha, and Lincoln National amongst many other available options. The fundamental principle while choosing annuity would be to go for the simpler options which are also usually cheaper.

1217 VIEWS

top rated cards

Citi® Double Cash Card – 18 month BT offer

cards
  • Purchases Intro APR
    15.24%
  • Regular APR
    15.24% - 25.24%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi ThankYou® Preferred Card

cards
  • Purchases Intro APR
    15.24%
  • Regular APR
    15.24% - 25.24%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi Simplicity® Card - No Late Fees Ever

cards
  • Purchases Intro APR
    15.74%
  • Regular APR
    15.74% - 25.74%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0

Citi® Diamond Preferred® Card – 21 Month Balance Transfer Offer

cards
  • Purchases Intro APR
    14.74%
  • Regular APR
    14.74% - 24.74%
  • Balance Transfer Int APR
    0%
  • Annual Fee
    $0
Finance

What Should Be Included In A Promissory Note

A promissory note is a legally binding document attesting a relationship between a lender and a borrower. It works as a promise to pay the loan amount as well as the interest within a specific period of time. A promissory note must answer six most im...
1050 VIEWS
Finance

How Do Term Life Insurance Policies Work

When you are skeptical or undecided about investing in a term life insurance policy, understand what it entails and list out its advantages to help you make a wise decision. For a term life insurance to be profitable, the insured person must be de...
1326 VIEWS
Finance

Things You Need to Know About Permanent Whole Life Insurance

Permanent whole life insurance is a type of insurance that provides a very low-cost protection of term life insurance (life insurance that does not expire) and a death benefit with a savings portion. The insurance component, as expected, pays a fixed...
1198 VIEWS