Is now the time to purchase an immediate annuity?  When searching for the right immediate annuity the one thing we evaluate is “how much income will this insurance company pay me” per dollar I deposit.  Yes it’s true that amount of money has been coming down along with fixed annuity rates but they have come down as dramatically.  While rates on most fixed investments have falled alomst 50%; a 1 year fixed annuity last year was yielding north of 5%, today barely north of 3%.  Immediate annuities have fallen in how much money they pay but not as much as other fixed investments.  In our opinion Immediate annuities stil offer a great way for retirees to generate lifetime income.  If you would like to discuss immediate annuities in more detail please feel free to call us at (888) 515-7152.