Annuity yield in short supply as interest rates falter
August 27, 2019 by Greg Iacurci
Attractive annuity yields are in increasingly short supply as long-term interest rates have faltered and there is a likelihood of even more downward pressure.
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For example, First Symetra National Life Insurance Co. of New York has a 5-year MYGA yielding 3.1%, according to an analysis from market research firm Wink. (The analysis examined products offered through broker-dealers by insurers with an A.M. Best rating of A- or better.)
Originally Posted at InvestmentNews on August 23, 2019 by Greg Iacurci.
Categories: Wink's Articles