Q:

What annuities pay high rates?

A:

Quick Answer

Some annuities with high payout rates as of September 2015 include Sentinel Security Life, Guggenheim Life and Annuity, Midland National Life, North American and Delaware Life, states Immediate Annuities. These annuities have a surrender period of 10 years.

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Full Answer

Among companies with a 10-year surrender period, Sentinel Security Life offers the highest annual payout rate at 3.4 percent. Guggenheim Life and Annuity, Midland National Life and North American all provide a 3.3 percent yearly rate, notes Immediate Annuities.

Annuities offered by Midland National Life and North American with a nine-year surrender period have annual payout rates of 3.2 percent. Other annuities that pay high rates include EquiTrust Life, Oxford Life and American General Life at 3.15 percent, 3.2 percent and 3.0 percent, respectively.

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