The tables below show the top 3 rates available, and earnings for a $100,000 investment, ensuring that at least one A+ or higher rated insurer makes it in. The top rates are offered by either Sentinel Security Life or Colorado Bankers Life, both B++ rated insurers. The top rate for a 10-year MYGA is 4.2%, 4.1% for a 7-year MYGA, 4.0% for a 5-year MYGA, and 3.1% for a 3-year MYGA. Below are the best rate options available for B to A++ rated insurers across multiple different investment terms. Rates are as of August 1, 2018.įirst up, fixed rate annuities, a.k.a multi-year guaranteed annuities or MYGAs. Rates were obtained through the Blueprint Income platform, which sources directly from the insurance companies or via Cannex (as long as available to non-captive agents). Offers the best, 2nd best, or 3rd best value in its category (weighing both the price and the credit rating of the insurer).Best rated A or better for an income annuity, and B or better for a fixed rate annuity (income annuities are much longer in duration and thus warrant a stricter rating cut off) Terms are fully-guaranteed and knowable on day 1 (no uncertainty around what you’ll get).To be the best, the annuity had to meet the following criteria: Read on to see the best fixed annuities of 2018. With these fixed annuities - which pre-date pensions - insurers continue to offer the same protection, but you have to buy it yourself. Employers used to offer these guarantees but then left employees to deal with market and lifespan uncertainty. Whether immediate or deferred, you know upfront how much monthly income you get for the premium you put in, and that income is guaranteed by the insurer to continue for the rest of your life.īoth of these products fill a significant void created by the decline in pensions. Or, they can be purchased ahead of time to have income starting in the future, in which case they’re known as deferred income annuities or qualified longevity annuity contracts, the latter just a special case where IRA/401(k) money is used and income starts after age 70½. They can be purchased in retirement to have income starting immediately, in which case they’re known as immediate annuities.
Income annuities are pension-like products that provide steady, guaranteed income for the rest of your life. At the end of the term, you can renew for another term, take all your money out, or turn it into guaranteed lifetime income. During the term you have some, but limited, access to your money, and you can’t start to use the money until 59½ without paying an IRS penalty (this is true for all annuities). And, they offer higher rates for longer terms. You don’t get taxed as interest is earned instead you only get taxed when the money is withdrawn. But, as retirement products, they benefit from tax deferral.
Unlike CDs, they’re guaranteed by insurers themselves instead of the FDIC. They provide a guaranteed, fixed rate of return for a specific period of time (typically 3-10 years).
At every turn, he sees the faces of the men he led into battle – including the ones he couldn’t protect.Īn assassination attempt on his most important client pulls him even deeper into the past, threatening to undo everything he and the Council of Light achieved with their sacrifices. Like everyone else he knows, he’s trying to bury the pain and guilt of his failures. The manuscript itself is about 2/3 done, and I’m hoping for an early spring release date.Įvil doesn’t wait for anyone, least of all for mankind to grieve and rebuild.ĭarian digs in and devotes all his time to his new security company. With that said, my amazingly talented artist has created the cover for Darian’s next book, Sentinel Security. Which means I’ll continue working on both. One of my recent posts mentioned two different concepts for future books – continue following Darian’s life in the early 1830’s or moving forward to the present when he’s finally joined with his Sentinel.
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