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An annuity rate is basically the rate at which you will pay a fixed amount to someone, usually when referring to insurance. In order to know your own rate, you will need to check the contract you signed, or at least call the company or person you are paying.

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Edward Demasi

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united life insurance

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Q: What is an annuity rate and whats mine?
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Related questions

Will you earn a higher interest rate with a variable annuity than with a fixed annuity?

Yes, you do earn a higher interest rate with a variable annuity than with a fixed annuity. It depends on what kind of interest rate you have at the moment.


Do annuity rates remain steady or are they variable?

This actually depends on the annuity. A "fixed" annuity always gets you the same rate, while the rate of a "variable" annuity is indexed to some other rate, usually the federal prime rate. Rates are variable over the long term. It is possible to lock a steady rate in but it costs more to do so.


What type of annuity pays you a flat interest rate?

A tax deferred fixed annuity pays a flat interest rate.


What is an immediate annuity rate?

An immediate annuity is an annuity that begins making payments to you shortly after you deposit your money. The rate of interest you earn on this depends on age, payment options, and other factors.


What are the best annuity rates?

Annuity rates are a tricky topic. Annuity rates have been fluctuating the past few years. Ever since the recession hit, the annuity rates have been rising and there is hope that will continue to. Based on the current market , an annuity rate that is between 8% and 15% is considered a good annuity rate.


What are the best annuities?

Annuity rates are a tricky topic. Annuity rates have been fluctuating the past few years. Ever since the recession hit, the annuity rates have been rising and there is hope that will continue to. Based on the current market , an annuity rate that is between 8% and 15% is considered a good annuity rate.


Where can I get a fair annuity rate?

In order to figure out where you can get a fair annuity rate you may need to talk to several different banks in the local area where you live to see if they offer this type of rate and services.


What is a series of fixed payments and interest rate in excel?

Annuity


What decreases the Present value of an annuity?

Increasing the interest rate


What are the four pieces to an annuity present value?

The four pieces to an annuity present value are: Present value(PV), Cashflow (C), Discount rate (r) and the life of the annuity (t)


What are the benefits of a variable annuity?

A variable annuity is beneficial in an economy such as ours now. That way, when interest rates rise (however many years that will take), your annuity will also be at a higher rate.


Would an annuity value calculator show you the present value of an annuity?

Yes, an annuity value calculator can show you the present value of an annuity. As you may know, the present value of an annuity is the current value of a set of cash flows in the future, based on a specified rate of return.