When an annuity advertisement mentions the current interest rate, what must also be included?

When discussing the current interest rate in an annuity advertisement, it's essential to include the guaranteed interest rate alongside it. This is because the guaranteed interest rate indicates the minimum return that the annuity holder can expect, regardless of market conditions or fluctuations in interest rates. It provides a baseline assurance that protects consumers, ensuring they have a clear understanding of their investment's safety and the guaranteed earnings they can count on over the life of the annuity.

While other factors such as projected growth rates, historical averages, and market comparisons can be informative, they may not accurately represent the security and reliability that a guaranteed interest rate offers. By including the guaranteed interest rate, the advertisement provides crucial information that helps consumers make informed decisions based on both current conditions and the fundamental securities of the product they are considering. This emphasis on transparency is vital in promoting responsible financial practices and maintaining trust in financial products.