ANNUITY RATES MAKING A MOVE

By looking at the table below it appears that annuity rates have been pretty steady. But in the past three weeks rates have increased by almost 25 BP.  As always we question if this is a trend or just a temporary spike? And as always only time will tell and we all know how world events can quickly change everything.
 
We believe that the following rates applied to the mortality scale MP-2016 will give you a pretty good indication of the price of a group annuity contract. Use the smaller rate for small contracts.