Annuity Rates Are Up!

Annuity Rates Are Up!

Rates are on the rise! Below is a list of top fixed and index contracts available as of April 26th, 2016:

Multiyear Guarantee Annuity Hot Rates:

With 5 year rates well over 3%, these annuities are getting a lot of attention. With 5 year CDs at 1.72% according to bankrate.com, are you missing out on moving a portion of your clients CD funds to fixed annuities? These products give you an excellent opportunity to offer them the guarantees they need today.

Company Product Guarantee Period Year 1 Years 2+ Yield Issue Age A.M. Best
Athene MYG 3 3 Years 2.00% 2.00% 2.00% 0 – 85 A-
Guarantee Income Life Guarantee 4 4 Years 2.55% 2.55% 2.55% 0 – 100 B+
Atlantic Coast Life Safe Harbor 5 Years 4.25% 3.25% 3.23% 0 – 90 B+
Athene MYG 5 5 Years 2.90% 2.90% 2.90% 0 – 83 A-
Atlantic Coast Life Safe Harbor 6 Years 4.35% 3.35% 3.24% 0 – 90 B+
American Equity Guarantee 6 6 Years 2.90% 2.90% 2.90% 0 – 85 A-
American Equity Guarantee 7 7 Years 3.15% 3.15% 3.15% 0 – 85 A-
North American Guarantee Choice 8 Years 3.05% 3.05% 3.05% 0 – 90 A+
North American Guarantee Choice 9 Years 3.20% 3.20% 3.20% 0 – 90 A+
Atlantic Coast Life Safe Harbor 10 Years 5.00% 4.00% 3.50% 0 – 90 B+

 

Top Index Annuities:

Athene Ascent Pro 5:

Annual Point to Point S&P500 cap at 5.25% on a 5 year contract. This short term index annuity has one of the top caps in the industry providing upside potential with no downside risk.

AIG Power 7:

Volatility Managed index (MLSB) with 1.25% spread and the power of leverage with no cap with a 7 year surrender  This is one of the top safe accumulation vehicles in the marketplace today.

Integrity Indextra 7:

Goldman Sachs Momentum Builder Index with no cap, no spread, and 100% participation rate – 3 year point to point volatility managed strategy on a 7 year chassis (5.25% commission at most ages)

Great American Safe Return:

S&P500 annual point to point cap at 4.75% – allows a client to beat the bank with a 1% minimum guarantee with upside potential with full liquidity (5.50% commission, most ages – ask about competitive trails)

Contact your Annuity Sales Rep today for full details and for a consultation on what the best annuities to implement into your specific practice may be. Together we can work to find you the solutions your clients need.