Deferred Annuities
Current interest rates, effective September 1, 2018:
- Flexible premium annuity – 2.55%*
- Single premium annuity – see chart below
Total First Year Interest Rate Including Bonus of Guarantee Period
| SINGLE PREMIUM |
3 YEAR |
5 YEAR |
7 YEAR |
| $10,000 to $24,999 |
2.35% |
2.55% |
2.80% |
| $25,000 to $49,999 |
2.60% |
3.05% |
3.55% |
| $50,000 to $99,999 |
2.85% |
3.30% |
3.80% |
| $100,000 and above |
3.10% |
3.55% |
4.05% |
Renewal Interest Rate for Balance of Guarantee Period
| SINGLE PREMIUM |
3 YEAR |
5 YEAR |
7 YEAR |
| All Amounts |
2.35% |
2.55% |
2.80% |
Notes:
- New Flexible Premium Deferred Annuity Premiums are guaranteed the current rate for one year from the date of premium payment.
- The rates on new Single Premium Deferred Annuity contracts are guaranteed for the period specified, and premiums of $25,000 or more qualify for a first year interest rate bonus. Following the initial guarantee period, the minimum guaranteed interest rate is 1.00%.
- The minimum guaranteed interest rate of 1.00% applies to new issue contracts as of January 1, 2011.
Annuity Payouts
Current interest rate, depending on length and type of contract and state of issue: 2.00 to 4.40 percent.
Notes:
- Periodic rate changes do not affect life contingent payouts.
- Rate adjustments may affect non-life contingent payouts (interest only payments, payments for a fixed period, etc).
* This product is not available in New York.
* These rates are guaranteed on initial deposits for one year from the date of deposit, after which they are subject to change.
* These rates payable on new deposits are subject to change at any time.