MYGA Rates Increase 02/21/23
Effective Feb. 21 MYGA rates increase excluding the 7-year rates
NAC Guarantee PlusSM
Multi-year guarantee annuity (MYGA)
Surrender charge period1 | New high band | Was | New low band | Was |
3-Year | 4.30% | 4.15% | 3.85% | 3.70% |
5-Year | 4.40% | 4.25% | 4.15% | 4.00% |
7-Year | No Change | 4.60% | No Change | 4.30% |
High band: $100,000 or more. Low band: Less than $100,000.
7-year rates not available in California and Florida. Rates are subject to change at any time.
NEW BUSINESS GUIDELINES: The changes above apply to applications signed or submitted through e-App on or after Feb. 21.
1. A surrender during the surrender charge period could result in a loss of premium. The surrender charge and interest adjustment (also known as market value adjustment) may reset with renewal. Surrender charge structures and guarantee periods may vary by state.