MYGA rates increase Oct. 5

,

Effective Oct. 5 MYGA rates increase

NAC Guarantee PlusSM
Multi-year guarantee annuity (MYGA)

Surrender
charge period1

New
high band

Was

New
low band

Was

3-Year

5.20%

5.00%

4.75%

4.55%

5-Year

5.30%

4.85%

5.05%

4.60%

7-Year

5.35%

4.95%

5.05%

4.65%

 

High band: $100,000 or more. Low band: Less than $100,000.
7-year rates not available in California and Florida. Rates are subject to change at any time.

NEW BUSINESS GUIDELINES:
The changes above apply to applications signed on or after Oct. 5.

1. A surrender during the surrender charge period could result in a loss of premium. The surrender charge and interest adjustment (also known as market value adjustment) may reset with renewal. Surrender charge structures and guarantee periods may vary by state.