Assured Edge Rates are Increasing Effective 06/06/22
Effective June 6, 2022, income percentages used to calculate initial guaranteed lifetime income amounts for Assured Edge Income Achiever will increase for single and joint coverage. In addition:
- The income growth rate for Assured Edge Income Achiever will increase to 7.5%.
- The crediting rate for Assured Edge Income Achiever will increase to 1.75%.
Attached are the new rate flyer and Annuity Partner Communication, which includes transition rules applicable to the GLB changes.