September Rate Update – MYG Rates Increase Again

MYG 3, 5, & 6 rates are up! 

As of 8/1/2022, annuity submissions up to $3,000,000 are being considered for all new business.

 

MYG

► MYG 3 up 15 bps
► MYG 5 up 15 bps
► MYG 6 up 30 bps

Signature Protection IUL*

► Increased Participation on S&P MARC 5% Excess Return (Low Volatility strategy)  
► Increased cap for both S&P 500® Value Cap and Nasdaq 100® Growth Cap strategies

Signature Performance IUL*

► Increased Participation on S&P MARC 5% Excess Return (Low Volatility strategy)
► Increased cap for both S&P 500® Value Cap and Nasdaq 100® Growth Cap strategies  
► Increased illustrated rate for S&P 500® Value Cap, Multiplier, Multiplier Plus, and Uncapped strategies

  

Deadlines

App, Exchanges, Cash with App, & Wire Transfer Deadlines

► Dated and Signed: August 31

► Received: September 6 (3rd business day)

► Exchanges: Monies must be received within 60 days

*Not available in New York.