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September 23, 2020

Reminder: September 25 is the Last Day to Submit for Retiring Annuity Products

A necessary adjustment to our annuity product lineup.

National Life continues our commitment to deliver our promises to protect lives, families, businesses and provide for retirement. Given these unprecedented market conditions, we need to be responsible and make some necessary adjustments so we can continue to be there for our customers. Beginning on September 25, you will see the withdrawal of certain older annuity products in our lineup.

Retiring Annuity Products

  • FIT Choice
  • FIT Income Plus
  • FIT Foundation
  • FIT Guaranteed Income
  • SecurePlus Marquee 8
  • SecurePlus Marquee 3
  • SecurePlus Preferred 6
  • SecurePlus Preferred 2
  • RetireMax FPDA 1
  • RetireMax FPDA 2
  • RetireMax Secure 5
  • RetireMax Millennium Flex
  • Green Mountain Freedom Flex except in New York

*The last day to submit for these products is September 25 and premium must be received by end of November.

Additional Annuity Product Changes:

Annuity Rate Changes:

  • Rate adjustments vary by product.
  • Illustrations systems will be updated with new SPDA rates effective September 29.
  • Illustrations systems will be updated with new FPDA rates effective October 8.
  • For a policy to be issued with today’s current rates, it must be funded and issued prior to the dates shown on the rate change sheet.
  • View annuity rate changes.

Reduction of FIT Rewards Growth Immediate Interest Credit Bonus

  • The Immediate Interest Credit rate is changing from 5% to 2%.
  • Last day to submit with 5% is October 30 and premium must be received by end of November.
  • More information is forthcoming.
  • Questions?

    Contact National Life Group Sales Desk at 800-906-3310.