MYGA Rates Increase Effective 03/05/2024
NAC Guarantee Plus® 5-year rates increase
Multi-year guarantee annuity (MYGA)
Surrender charge period1 | New high band | Was | New low band | Was |
---|---|---|---|---|
3-Year | 4.75% | 4.75% | 4.30% | 4.30% |
5-Year | 5.20% | 4.95% | 4.95% | 4.70% |
7-Year | 5.00% | 5.00% | 4.70% | 4.70% |
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 Annuity e-Biz on or after March 5.