Rates paid on fixed annuities sold through banks fell sharply through mid-September, to 4.93%.

This continued a slide that began in the summer and represented the first dip below 5% since Rate Watch began monitoring annuity prices in May 1988.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.