Last week, I talked about the dramatic drop in the 10-year treasury rates and what that was doing to structured annuity rates You can see that as of today, we’ve now closed at 3.856%. Last week’s update, we were still just above 4%. You can see all the way from October 19th to today, December 20th, it’s been a dramatic drop.
We’ve lost 115 basis points off of the 10-year yield. Correspondingly, rate decrease announcements from the structured settlement annuity companies have been flying fast and furious, to say the least. What are we looking at there?
Here’s what I suggest you do:
The current rates I refer to in this video are available here as a PDF. Please note that this is an illustration only (based on actual rates at this time) and these rates are subject to change. Actual rates could be higher or lower and will be based on rates in effect on the date the structured settlement annuity premium is received.
Structured settlements are just one option within settlement planning for meeting your client’s needs but there are many others, all of which we have over 37 years’ of specialized expertise in. Call 1-800-666-5584 to discuss your case and to see what settlement planning options are suitable for your clients (and you).
