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I have looked at annuity rates over the last month.
Interest rates are going up, and so are annuity rates.
But it seems the trend is lower rated companies pay a higher
rate that A+ companies.
Similar to bonds and their ratings.
Maybe the B++ and A- companies must do so to attract business.
Oceanview, Canvas, and Framers & Traders, all low rated companies
I had never heard off till this week.
Question, how comfortable would you be putting your money
with a lower rated company?
Midland looks like a nice A+ company to use, others?
Yes, I know about guarantee funds, but look at the threads
on the forum about Colorado Bankers.
I don't need that type of headache.
This question is about fixed rate products, not indexed ones.
By the way, buy I bonds if you have the cash. over 9% for 6 months
tied to inflation. Limited to $10,000 per person per year.
Interest rates are going up, and so are annuity rates.
But it seems the trend is lower rated companies pay a higher
rate that A+ companies.
Similar to bonds and their ratings.
Maybe the B++ and A- companies must do so to attract business.
Oceanview, Canvas, and Framers & Traders, all low rated companies
I had never heard off till this week.
Question, how comfortable would you be putting your money
with a lower rated company?
Midland looks like a nice A+ company to use, others?
Yes, I know about guarantee funds, but look at the threads
on the forum about Colorado Bankers.
I don't need that type of headache.
This question is about fixed rate products, not indexed ones.
By the way, buy I bonds if you have the cash. over 9% for 6 months
tied to inflation. Limited to $10,000 per person per year.