MYGA Rates Increase Effective 06/22/23
NAC Guarantee PlusSM Multi-year guarantee annuity (MYGA)
| Surrender charge period1 | New high band | Was | New low band | Was |
|---|---|---|---|---|
| 3-Year | 4.65% | 4.50% | 4.20% | 4.05% |
| 5-Year | 4.75% | 4.60% | 4.50% | 4.35% |
| 7-Year | 4.85% | 4.70% | 4.55% | 4.40% |
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 on or after June 22.
Helpful Links:
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.