Rates Increasing on AssetShield Fixed Index Annuities Effective 11/09/22
We’re pleased to announce that rates are increasing on our AssetShield fixed index annuity series, for the S&P 500® Annual Point-to-Point with Cap strategy. New rates for this strategy are effective today, November 9, 2022.
Product | Current Rates | New Rates | Current PRR Rates (w/ 1.5% fee) | New PRR Rates (w/ 1.5% fee) |
AssetShield 5 | 7.00% | 9.00% | 9.00% | 11.00% |
AssetShield 7 | 7.75% | 9.75% | 9.75% | 11.75% |
AssetShield 9 & 10 | 8.00% | 10.00% | 10.00% | 12.00% |
AssetShield Rate Details
Contracts for the S&P 500® Annual Point-to-Point with Cap strategy issued November 9, 2022 and after will receive the new rates. There will not be rate adjustments made to previously issued contracts. No exceptions.