Definition of "Bonus Rate"

Extra interest in the first year that increases the annuity's value on which future interest will be calculated in subsequent years. Also known as 1st Year Bonus Rate.

For expert help with your annuity call toll-free 866-866-1999
© Copyright 2004 - 2012 Total Return Annuities
Use This Free
Instant Annuity Calculator
Select your state, age, and gender and enter a dollar amount
Optional - Enter Joint Annuity info.
Enter a Premium Amount
and Click to Calculate
Need help? call 1-866-866-1999