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.