Day: July 2, 2025

As INTEREST rates fall, retirees planning to buy an immediate annuity should lock in at current rates to get higher guaranteed payouts for life. The annuity rates of life insurers are directly linked to the 10-year government bond, which has fallen to 6.28% now from 6.78% on January 1 this year. Life insurers are revising the rates… Continue reading Lock into annuities now