Rate Adjustment on GuaranteeShield 3 & 5 Fixed Annuities Effective 02/21/2024
American Equity is proud to offer simple, transparent products at competitive rates within the industry. We remain committed to helping our contract owners protect their retirement dollars.
GuaranteeShield 3 & 5 Rates
We will be making changes to our rates on GuaranteeShield 3 & 5 fixed annuities. These changes are effective Wednesday, February 21.
For clients to qualify for the current rates, applications along with cash or 1035/Transfer paperwork must be received by 5:00 p.m. CST on February 20, 2024, and transfer funds must be received by 5:00 p.m. CST on March 21, 2024.
| Premium Band | 3 Year Current Rates | 3 Year New Rates | 5 Year Current Rates | 5 Year New Rates |
|---|---|---|---|---|
| $10,000-$99,999.00 | 4.90% | 4.70% | 5.00% | 4.80% |
| $99,999.01-$249,999.00 | 5.15% | 4.95% | 5.25% | 5.05% |
| $249,999.01 and higher | 5.20% | 4.95% | 5.30% | 5.05% |