7 Best States to Find Prime Annuity Prospects
January 31, 2022 by Allison Bell
The Federal Reserve looks as if it’s about to start increasing the interest rate benchmarks it controls “soon.”
For people who help clients use annuities to save for retirement, that’s a sign to get ready for the possibility of explosive sales growth.
U.S. life insurers invest heavily in high-grade corporate bonds to support the benefits guarantees built into annuity contracts that offer any kind of benefits guarantees. Big, random swings in rates could hurt annuity issuers, by kneecapping the economy and causing financial headaches for customers.
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