In our last newsletter we wondered if the rise in interest rates was a trend or just a temporary surge. It’s five weeks and counting now and we’re still at the May 1 levels. So as usual, we’ll see.
As a reminder we update the rates in the middle of the month on our website, www.brentwoodllc.com
We believe that the following rates applied to the mortality scale MP-2017 will give you a pretty good indication of the price of a group annuity contract. Use the smaller rate for small contracts.