Current interest rates, effective October 1, 2020:
- Flexible premium annuity – 1.00%*
- Single premium annuity – 7 Year SPDA: 1.00%
- 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. 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, 2020.
Current interest rates vary depending on benefit length, type of contract, and state of issue.
- 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.