Monday, July 20, 2009
Desperate investors are locking in annuities at low rates
Low savings rates and a rotten stock market sent record numbers of savers to lock in current rates with fixed annuities — precisely when rates were near rock-bottom... Fixed annuity sales jumped 74%, to $35.6 billion, the highest ever, for the three months ended March 31, the most recent data available from insurance consulting firm Limra...
USA Today: Desperate investors are locking in annuities at low rates
USA Today: Desperate investors are locking in annuities at low rates
Permalink posted by markw @ 4:44 AM 
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