Premium Deposit Account Rate Change Effective 05/01/22
Effective May 1, 2022, we are increasing our Premium Deposit Account (PDA) interest rates by .25%. New rates will be reflected on the financial professional site and in the illustration system on May 1, 2022.
| Premium Deposit Account | April | May |
|---|---|---|
| All products (excluding Pennsylvania) | ||
| Years 2-7 premium payments | 2.00% | 2.25% |
| Years 8-10 premium payments | 2.50% | 2.50% |
| All products (Pennsylvania only) | ||
| Years 2-7 premium payments | 1.50% | 1.75% |
| Years 8-10 premium payments | 2.00% | 2.00% |