Commission and Rate Increases Effective 04/12/22
.50% commission increase on all FIAs1
Rates increase AGAIN
We’ve increased rates multiple times this year and we’re doing it again. Effective April 12, rates increase on the following fixed index annuities (FIAs):
- NAC VersaChoiceSM 10
- Performance Choice®
PLUS rates increase on the following multi-year guarantee annuity:
- NAC Guarantee PlusSM
On FIAs: Participation and Index Cap rates increase, Index Margins decrease
NEW BUSINESS GUIDELINES (Get full new business guidelines here)
The changes noted above apply to applications received in the home office or submitted through e-App on or after April 12.
(Application signed date for NAC Guarantee PlusSM MYGA.)
1) Rates and commissions are subject to change at any time. Commission is based on (WA Regular) schedule; writing agent/street level commission. Commission change excludes multi-year guarantee annuities. See your current commission schedule for further details.