October 22, 2024
Annuity Rates Are Changing
Annuity rates are dropping but not for MYGAs with MVA.
We will be making annuity interest rate, cap rate, and par rate changes, effective on the
following dates:
October 22
RetireMax Secure MYGAs without Market Value Adjustment (MVA): Guaranteed interest rates are dropping by 0.20%.
Guaranteed interest rates will stay the same for RetireMax Secure 3 & 5 with MVA.
October 29
Zenith & Driver single premium indexed annuities: Cap and participation rates are changing, as well as fixed account interest rates
November 8
Secure Growth and Select Income flexible premium indexed annuities: Cap and participation rates are changing, as well as fixed account interest rates.
NY-only products currently remain unchanged (Green Mountain Freedom, Green Mountain
Freedom 5, and Green Mountain Freedom Flex).
Rate Lock applies.
