Annuity Rate Changes Effective 10/22/2024, 10/29/2024 and 11/08/2024
Annuity rates are decreasing but not for MYGAs with MVA.
We will be making annuity interest rate, cap rate, and par rate changes, effective on the following dates:
October 22
- RetireMax Secure MYGAs without Market Value Adjustment (MVA): Guaranteed interest rates are dropping by 0.20%.
Guaranteed interest rates will stay the same for RetireMax Secure 3 & 5 with MVA.
October 29
- Zenith & Driver single premium indexed annuities: Cap and participation rates are changing, as well as fixed account interest rates.
November 8
- Secure Growth and Select Income flexible premium indexed annuities: Cap and participation rates are changing, as well as fixed account interest rates.