Bonus Over Age 85

[general88]

Looking for anuity company that is offering bonus for someone 86 yrs old. Preferrably bonus over 5% and paying 3% or more in interest. Thanks

 

[ScottLFB]

Looking for anuity company that is offering bonus for someone 86 yrs old. Preferrably bonus over 5% and paying 3% or more in interest. Thanks

That's a tough one. The Carriers won't take the risk of giving a premium bonus and paying a decent commission in addition to giving the client a decent Rate of Return.
How about a 5yr MYGA at 2.30%
OR
A 6yr Fixed Annuity with 3% rate 2% min guarantee

 

[0b1kanobee]

Why do you need the bonus? Are they in something already and that is what the bonus is for?
If for income, I might know of a good SPIA for old people and unhealthy people where they will play with it and see if they can make something work.

 

[HarryRenard]

Americo has been my go to for people over 85 but I think your asking for a bit much.

 

[Cranson]

National Western's Accumulator 5 has a 5% bonus and issues up to age 90 with a current interest rate of 2.6%

You won't find anything much better than that for an 86 year old.