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Annuity Purchase Update, October 2023
October Three Consulting 
Oct. 19, 2023 "An all-time peak was reached this year for average annuity purchase interest rates, with the average rate of 5.29% for a 7-year duration and 5.22% for a 15-year duration.... Average Annuity Purchase interest rates skyrocketed over 35 basis points in just one month. Advantageous market conditions are driving plan sponsors to act quickly to achieve their de-risking goals before year-end." MORE >> |
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