NOT FOR REPRINT
Fed Rate Cut Could Speed Up Some Annuity Sales
By
Allison Bell
News September 19, 2024 at 11:51 AM
Share & Print
What You Need To Know
- Many life policies and annuities were written when the federal funds rate target range was from 0.25% to 0.5%.
- After the cut announced Wednesday, the target range will be 4.75% to 5%.
- Many clients can still get higher rates by replacing products written before 2022.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
