MYGA Rates Increase Again Effective 03/02/23
NAC Guarantee PlusSM
Multi-year guarantee annuity (MYGA)
Surrender charge period1 | New high band | Was | New low band | Was |
3-Year | 4.60% | 4.30% | 4.15% | 3.85% |
5-Year | 4.70% | 4.40% | 4.45% | 4.15% |
7-Year | 4.85% | 4.60% | 4.55% | 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 March 2.
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.