Is the interest rate plot thickening or are we just seeing a temporary spike? I wonder what its like at the Fed meetings when the Hawks and the Doves take a break? Are they civil, distant, or just plain hostile?
I’m looking forward to the day they let interest rates be governed by the market!
We believe that the following rates applied to the RP-2014 Base Mortality Table with an MP 2014 projection for future mortality improvement will give you a pretty good indication of the price of a group annuity contract. Use the smaller rate for small contracts.