MYGA 3 Rates Decrease Effective 06/08/21
| North American Guarantee ChoiceSM 3 Multi-year guarantee annuity (MYGA) | ||||
|---|---|---|---|---|
| Surrender charge period | New high band | Was | New low band | Was |
| 3-Year | 1.75% | 1.85% | 1.30% | 1.40% |
| High band: $100,000 or more. Low band: Less than $100,000. | ||||
NEW BUSINESS GUIDELINES:
To receive the current rates, applications must be signed by June 7, or submitted through e-App before 11:59 p.m. Central Time June 7. For our rate hold, we compare the date the application was signed and the date the funds are received (if received within the rate hold period). Your client will receive the more favorable rate between the two. If the rate hold no longer applies, the client will receive the current interest rate at the time the contract is issued.
Helpful Links:
- Updated rate sheet will be available on our website June 8
- Get State Availability Chart
- IDAHO – required state-specific disclosure