Fixed Annuity Hot List Nov 22 | Multi-Year Fixed Rates | Interest ONLY withdrawals & income for life
This month I look at:
| MYG Annuity rates that do NOT have a repeating surrender charge.
| Lifetime income annuity payments monthly starting in 1 month based on $100,000 premium
| Monthly interest only withdrawals on $1,000,000 at 5.00% interest rate
| How to get quotes MYGA and SPIA
HotList link: https://img1.wsimg.com/blobby/go/369500a8-c330-416e-9301-24889d16b18d/downloads/HotList_November_2022.pdf
MYG Annuity rates
| 3 years = 4.80%
| 5 years = 5.25%
| 7 years = 5.35%
Immediate Annuity lifetime income quotes
Life With 10 Year Certain $100,000 premium:
Male 60 = $605.77 | $7,269.24 Annually
Male 65 = $657.85 | $7,894.20 Annually
Male 70 = $728.27 | $8,739.24 Annually
Male 75 = $812.26 | $9,747.12 Annually
Female 60 = $591.96 | $7,103.52 Annually
Female 65 = $636.29 | $7,635.48 Annually
Female 70 = $704.32 | $8,451.84 Annually
Female 75 = $783.09 | $9,397.08 Annually
Life With 10 Year Certain $100,000 premium:
Male 60 = $596.58 | $7,158.96 Annually
Male 65 = $639.96 | $7,679.52 Annually
Male 70 = $696.61 | $8,359.32 Annually
Male 75 = $747.63 | $8,971.56 Annually
Female 60 = $584.86 | $7,018.08 Annually (Corrected from video error)
Female 65 = $622.69 | $7,472.28 Annually (Corrected from video error)
Female 70 = $678.08 | $8,136.96 Annually
Female 75 = $731.64 | $8,779.68 Annually
Interest ONLY withdrawals $1,000,000 premium
Start immediately on a monthly basis = $48,889 annually
Start after one year on a monthly basis = $51,334 annually
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Illustration Request:
MYGA Quote Request: https://www.annuityexperts.com/deferred-annuity-illustrations.html
Immediate Income Quotes - https://www.annuityexperts.com/spia-quotes.html
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