April 27, 2023
Annuity Rate Changes
Effective April 29, 2023, rates will be changing on our SPDA products.
Rates have moved significantly in recent weeks and we are adjusting accordingly. Effective April 29, 2023, you will see the following rate changes on our SPDA products:
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RetireMax Secure 5 guaranteed rate for 5 years decreases from 5.25% to 5.00%.
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Green Mountain Freedom 5 (NY only) guaranteed rate for 5 years decreases from 5.15% to 5.00%.
Rates on our Indexed Single Premium products will also decrease on April 29, 2023. Rates on our Indexed Flexible Premium products will decrease on May 8, 2023.
Rate Locks apply for SPDA and Indexed Single Premium products.
With the flyers below, you can assist your clients in understanding the rate changes and provide a visual representation of how their money may grow over the course of the next five years.