Compare Annuity Rates

So, why didn't the value of the index annuity fall when the value of the market went down? This is because your index annuity is guaranteed not to fall below its original value, in this case $100,000. This can be a very valuable safety net to consider when you are trying to compare annuity rates.

What are the catches I should look for when trying to compare annuity rates on an index annuity?

Basically, each different company will have its terms when you compare annuity rates. Most index annuities will have a maximum yield it can earn per year. Most index annuities should max out no lower than 8% and may go up into 10%+ cap. Some, but not all, quotes when you are trying to compare annuity rates will have a guaranteed minimum rate of return. This guaranteed minimum rate will be small, generally around 3%, but it is much better than having just a guarantee to not lose value. When you are trying to compare annuity rates with index annuities, make sure you consider policies which have this small guaranteed rate of return clause. If you don't see it, then ask the company if there is such a clause.

When trying to compare index annuity rates, make sure to consider quotes from several companies, so that you know you are making an informed decision. I have found this service to shop the best insurance companies for you and give you the top 3-4 quotes. This service is free, and by submitting one form, you will get enough quotes to determine if an indexed annuity is right for you.

Click here to shop for index annuity rates.

Remember- Find the index annuities with the highest possible maximum yield percentage and the highest guaranteed rate of return percentage.