After four straight months of declines, rates paid on annuities sold through banks edged up slightly in June.

The average rate paid on annuities rose to 5.17%, from 5.13% in May. The bonus rate offered to new buyers rose to 6.02%, from 6.01%.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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