AIG Fixed Annuities come in a variety of products including the Portfolio Director, Potentia, Set Rate, Direct Source, Premiere 5 and Premiere 7 brand annuities. The fixed rate on the annuity means your payments during the accumulation period earn a guaranteed interest rate so you usually earn a set, unvarying income amount across the life of the annuity.
I Have always had polite and helpful service from AIG annuity for some 20 years. I am fully assured that they are a separate company fronm the AIG that has made investment errors. I am confident that when my annuity matures in 2014 that the income will be there. I am of the belief that many who lost much in equities are jealous of the annuity investors and try to manipulate them into losing both through penalty sales and through doing the stock market like they have.
as of today, my AIG fixed annuities are looking way too risky because if AIG doesn't survive this credit crisis, my money is in deep trouble. my advice for anyone looking to buy annuities right now is to check the financial condition of the company first (in this case, AIG might not be doing so well) if the company looks shaky because of the crisis, just throw your money in a CD instead.
if the annuity provider fails and you have an annuity with them, you might get some money back from liquidation of the company or from my state guaranty association.
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
