Previous TopicTopic MenuNext TopicSet BookmarkNav Bar

Crediting Rates of Interest

As discussed earlier, typically a fixed annuity contract will offer two interest rates: a guaranteed rate and a current rate. The guaranteed rate is the minimum rate that will be credited to funds in the annuity contract regardless of how low the current rate sinks or how poorly the issuing insurance company fares with its investment returns. A typical guaranteed interest rate is between 1.5% and 3%.

Go to next section in this lesson

Copyright © Broker Educational Sales & Training, Inc.