What Is The Interest Rate On Annuities? 
This can vary depending on the type of Annuity . Deferred Fixed Annuities currently pay anywhere from 2 % for a 3 year contract , up to 3 % for a 6 year contract . An Immediate Fixed Annuity -LRB- which pays a percentage based income for life on the amount you invest in the Annuity -RRB- currently pay up to 6.42 % for a 65 year old , all the way up to 9 % for a 75 year old . It is best to work with an independent annuity expert who can shop the current rates and give you the best company and best product available on the market . 