Rate Adjustments on AssetShield and AssetShield BONUS Effective 09/06/23

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. 

Rate Adjustments on AssetShield and AssetShield BONUS

We will be adjusting rates, including many rate increases, on several AssetShield and AssetShield BONUS series fixed index annuity strategies, effective Wednesday, September 6, 2023. 

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 Tuesday, September 5, 2023, and transfer funds must be received by 5:00 p.m. CST on Thursday, October 5, 2023. Contracts issued Monday, October 9, 2023 and after will receive the new rates. There will not be rate adjustments to previously issued contracts. No exceptions. 

Pending AssetShield and AssetShield BONUS series applications received on or before Tuesday, September 5 and issued between Wednesday, September 6 and Friday, October 6, 2023 will enter a 1-Year Rate Lock period. The contracts will be issued with current rates, and will renew with other contracts issued after October 6, 2023.