Canada Whether it’s a fixed or deferred ... of financial products — as long as it’s the right annuity. For example, the average rate for a 60-month CD was only 1.40% as of 2024, according ...
Yes, interest rates are up, and that hurts new home buyers and other borrowers. Yes, short-term interest rates paid on your bank account are higher. Yes, long-term interest rates paid on new bond ...
If you’re considering buying a fixed-rate annuity, which acts much like a tax-deferred version of a bank CD, should you wait until rates move higher? Probably not. First, it’s impossible to ...
Average annuity rates have risen 5% over the past year, despite two Bank of England interest rate cuts. According to data from Hargreaves Lansdown, the average 65-year-old with a £100,000 pension ...