How Much Are Annuities Paying? 
Presently , fixed annuity rates are paying 2.95 % guaranteed for five years and 3.25 % for ten years . The spread is only 35 basis points for double the time period . Not a good deal for consumers if rates go up . And keep in mind that ten year annuities generally have heavy surrender charges , so it would be punitive to move them in a rising interest rate market . 