Increases on Most Competitive Annuities Effective 12/12/2023
New increased rates effective Dec. 12
Level lifetime payment percentages (LPPs) increase on fixed index annuities.
On Dec. 12, level LPPs increase on:
- NAC BenefitSolutions® 10
(Immediate LPPs up +30 basis points, then grows 2.50% faster per year.) - Income Pay ProSM
(Up 80 basis points)
Interest rates are also increasing Dec. 12
Watch for details next week
Rates are subject to change at any time.
NEW BUSINESS GUIDELINES
The changes above will apply to applications received or submitted through Annuity e-Biz on or after Dec. 12.