Following up on last week’s message, the spotlight continues to be on Chairman Powell and the FED’s decision on interest rates.  I’m urging you not to try to “time it” because you can’t.  None of us has that “dart-throwing” ability.

It’s important to point out that life insurance companies that issue annuities don’t just focus on the FED interest rate decision. No doubt that this is important, but it’s just part of a larger pricing strategy when it comes to annuity contractual guarantees. Banks focus most of their attention on the FED. Annuity issuers focus on the FED along with their bond holdings, life insurance holdings, annuity guarantees in place, life expectancy exposure, new business premiums needed, etc. It’s a larger pricing puzzle that you need to be aware of when thinking about interest rates and annuities.

If the annuity contractual guarantee you are considering looks good and will satisfy your specific goal, then lock it in. Don’t get caught in “paralysis by analysis.”  With interest rates, hindsight is always 20-20.

Follow your gut and natural discernment skills on whether it makes sense to pull the trigger on the contractual guarantee of your choice. Visit our site to find the best quotes and MYGA rates available.

Schedule a call with my TEAM, call us toll-free at 800.509.6473, or email me at [email protected]. Follow your gut instincts so you can make an informed decision on your terms and your time frame, and always own an annuity for what it WILL DO, not what it MIGHT DO.

Stan The Annuity Man

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