It's always fun to predict how the Presidentail election will affect the markets. IT's obviously too soon for that and oil prices are clearly dominating at this point. In the past, we have seen some correlation between oil prices and interest rates so we're not surprised by the low annuity rates in spite of the Fed's modest move.
It's early and we're barely out of Iowa so let's see how this eventually plays out.
We believe that the following rates applied to the mortality scale MP 2015 will give you a pretty good indication of the price of a group annuity contract. Use the smaller rate for small contracts.