December 30, 2024
Rate Changes for FPDAs
Effective January 8, 2025.
We will be making the following interest rate changes for FIT Secure Growth and FIT Select Income on Wednesday, January 8:
| FIT Secure Growth | Current Rate | New Rate | Change |
|
S&P 500 Point-to-Point Cap |
10.00% | 9.50% | -0.50% |
| S&P 500 Point-to-Point Cap with Rate Booster | 13.00% | 12.50% | -0.50% |
| S&P 500 Monthly Sum Cap | 2.00% | 1.90% | -0.10% |
| S&P 500 Monthly Sum Cap with Rate Booster | 2.80% | 2.65% | -0.15% |
| US Fundamental Balanced Par Rate | 170% | 160% | -10% |
| US Fundamental Balanced Par Rate with Rate Booster | 220% | 210% | -10% |
| Global Balanced Par Rate | 170% | 160% | -10% |
| Global Balanced Par Rate with Rate Booster | 220% | 210% | -10% |
| Fixed | 3.50% | 3.30% | -0.20% |
| FIT Select Income | Current Rate | New Rate | Change |
|
S&P 500 Point-to-Point Cap |
10.00% | 9.50% | -0.50% |
| S&P 500 Point-to-Point Cap with Rate Booster | 13.00% | 12.50% | -0.50% |
| S&P 500 Monthly Sum Cap | 2.00% | 1.90% | -0.10% |
| S&P 500 Monthly Sum Cap with Rate Booster | 2.80% | 2.65% | -0.15% |
| US Fundamental Balanced Par Rate | 195% | 185% | -10% |
| US Fundamental Balanced Par Rate with Rate Booster | 245% | 235% | -10% |
| Global Balanced Par Rate | 195% | 185% | -10% |
| Global Balanced Par Rate with Rate Booster | 245% | 235% | -10% |
| Fixed | 3.50% | 3.30% | -0.20% |
