Since our last newsletter, the 10-year bond market rallied and annuity rates got pounded. AS we all know markets can sometimes act in mysterious ways!
As a reminder, we update annuity rates in the middle of the month on our website.
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.