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Oil prices soar, Trump sends warning, Iran names leader. War updates. USA TodayPentagon Announces Seventh U.S. Death in War With Iran The New York TimesThe U.S. names its 7th dead soldier and oil prices spike on Day 10 of the Iran war NPRSeventh US service member dies in Iran conflict The Hill
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Dow futures tumble 500 points as oil tops $100 a barrel, raising stagflation fear: Live updates CNBCWall Street follows global markets lower as Iran war briefly pushes crude prices near $120 a barrel Pittsburgh Post-GazetteStock market today: Dow, S&P 500, Nasdaq futures sell off as oil prices surge to over $110 a barrel Yahoo FinanceGlobal Stocks Sink as Oil Prices Surge The New York Times
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After slashing federal jobs, Trump administration ramps up hiring The Washington PostFeeling the Effects of 260,000 Federal Jobs Lost The New York TimesNumbers show how much Trump has slashed government workforce Fox BusinessContinuing to shed federal workers remains ‘priority number one,' White House official says Government Executive
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A bad jobs report Financial TimesAre you a young man who voted for Trump and now can't find a job? CNNU.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4% CNBCTrump Aides Remain Bullish Despite Rising Unemployment and Gas Prices The New York TimesThe U.S. economy lost 92,000 jobs in February, stoking labor market worries NBC News
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U.S. Gasoline Prices, Rising Again, Are Now Up 17% Since Conflict Started The New York TimesMiddle East turmoil sends Cleveland gas prices soaring AxiosDrivers can expect another gas price surge this week Star TribuneAAA Fuel Prices AAA Fuel PricesWA gas prices jump more than 25 cents in a week The Seattle Times
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Oil Tops $100 as War Rages, US Stock Futures Drop: Markets Wrap BloombergG7 to discuss joint release of emergency oil reserves, FT reports ReutersG7 to discuss joint release of emergency oil reserves Financial TimesG7 to discuss joint release of emergency oil reserves - report The Times of Israel
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If you're looking for a haven for your money, with a three-year fixed-rate annuity, you can choose one paying 2.00% annually or one paying 4.25%! Other than the rate, the two products are quite similar.
If you're shopping for a five-year guarantee, available rates range from 2.60% to 4.65%, according to AnnuityAdvantage's database of annuity rates.
SEE MORE Annuities Rising in Popularity
Rates on annuities with the same term vary hugely. If you don't shop around, you'll almost certainly earn far less interest than you could. Unfortunately, many local annuity agents represent only a few annuity companies, sometimes just one.
Before I offer tips on how to shop around, here's some background:
A fixed-rate deferred annuity (also called a multiyear guarantee annuity, or MYGA) resembles a bank certificate of deposit. It also pays a guaranteed rate of interest for a set term. Unlike CDs, annuities are tax-deferred. Issued by insurance companies, annuities aren't federally insured like CDs, but state-mandated guaranty associations offer a level of protection.
While the rate isn't the only factor in choosing an annuity, it is the single most important thing when other factors are equal. Here are the key considerations.
How long will your money be committed?
The term is the length of the annuity guarantee period. Most multiyear annuities go from two to 10 years.
Longer-term annuities usually pay more than shorter-term ones. But today, rate differences are not large. For instance, the top three-year an
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