MYGA Rates Increase 01/09/2025
NAC Guarantee Plus® Multi-year guarantee annuity (MYGA) |
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Surrender charge period1 | New high band | Was | New low band | Was |
---|---|---|---|---|
3-Year | 4.90% | 4.80% | 4.50% | 4.40% |
5-Year | 5.15% | 5.05% | 4.90% | 4.80% |
7-Year | 5.15% | 5.05% | 4.85% | 4.75% |
High band: $100,000 or more. Low band: Less than $100,000. 7-year rates not available in California and Florida. Rates are subject to change at any time. |
NEW BUSINESS GUIDELINES
The MYGA changes apply to applications signed or submitted through Annuity e-Biz on or after Jan. 9.
Get full details on new business guidelines including rate hold procedures at North American Company.com/NBguidelines