You could tie up your money in a US Treasury 10 year bond hovering around 1.7%.
Or you could buy a:
- 3 year annuity and get 1.80%
- 5 year annuity and get 2.50%
- 8 year annuity and get 3.00%
- 10 year annuity and get 3.25%
Rates effective since October 1, 2016
Multi-Year Guarantee Annuity
- Available to applicants ages 0-90 years of age.
- Nursing home waiver rider, applicant ages 0-80 (not available in MA)
- Full Accumulation Value at Death
- Available in 49 states
Let me know if you want more information.