How Are Annuity Rates Determined and What Drivers Have the Biggest Impact Today
This video explains the key factors that influence insurance company rates and product features, focusing on how the ten-year treasury performance affects rate changes and the critical importance of selecting financially strong providers. The speaker emphasizes their commitment to working only with top-tier insurance companies that have strong claims-paying ability, highlighting how provider stability is essential for retirement planning decisions.
Video Transcript
There's many factors that go into how these insurance companies and providers set their rates and set the features within the product and solution you may go with. An idea would be or a gauge would be take a look at the ten year treasury and see what that's been doing. As that trends up or down, there may be some changes that the insurance company and the provider may make up or down on the rates. So it's important to take a look at that. Another big factor is the strength and stability of the provider themselves. We only represent top flight insurance companies and providers, and their claims paying ability and strength is ultra important when it comes to your retirement.
