The status of fixed annuity interest rates: November 2009

By Danny Fisher

November 16, 2009 at 07:00 PM

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Interest rate trends on fixed annuities

				Normal Annuity Range
ALL Annuities in Index	Number of Companies	Number of Annuities	Lowest Rate	Low Norm	Average Rate	High Norm	Highest Rate	Standard Deviation
11/2/2009	70	667	0.01%	1.89%	4.07%	6.25%	14.61%	2.18%
10/5/2009	70	667	0.16%	1.94%	4.13%	6.32%	14.61%	2.19%
5/4/2009	70	738	1.75%	2.58%	4.72%	6.85%	14.61%	2.13%
11/3/2008	74	761	2.00%	3.51%	5.51%	7.51%	14.61%	2.00%

Note: Rate includes "Non-Forfeitable" first year interest bonus.

CD-type annuities: Average rates for length of guarantee period

Years	1	2	3	4	5	6	7	8	9	10
11/02/09	1.17%	1.39%	2.21%	2.51%	2.78%	2.71%	3.02%	3.22%	3.36%	3.54%
10/05/09	1.39%	1.47%	2.25%	2.57%	2.87%	2.85%	3.08%	3.32%	3.45%	3.64%
5/04/09	2.63%	2.55%	2.90%	3.27%	3.51%	3.49%	3.69%	3.97%	4.07%	4.25%
11/03/08	3.41%	3.39%	3.95%	4.38%	4.41%	4.55%	4.72%	4.92%	4.91%	5.12%

Source: Fisher Annuity Index, Dallas

Data as of 11/06/2009

Click here for a chart from Fisher Annuity Index on tax deferred annuity rate history from 1995 to now

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