Bulletins

North American – New Rates and Rider Changes

Effective July 19, 2016 Interest Rates Decrease Interest rates on most fixed index annuities are decreasing (excluding Multi-Year Guarantee Annuities)  Get Rates Now button
Rider Availability Changes * Income Pay Plus/Income Pay Guaranteed Lifetime Withdrawal Benefit Riders will no longer be available on North American Charter Plus fixed index annuity * Income Pay Plus/Income Pay will be available on the NAC RetireChoice fixed index annuity ONLY when the optional Additional Benefit Rider (ABR) is NOT elected1 * Income Pay Plus/Income Pay Guaranteed Lifetime Withdrawal Benefit Riders will be available on the NAC RetireChoice fixed index annuity ONLY when the optional Additional Benefit Rider (ABR) is NOT elected1 * For Pennsylvania, the Income Pay Guaranteed Lifetime Withdrawal Benefit Rider will no longer be available on the North American Charter and North American Precision fixed index annuities * For Hawaii, the Income Pay Plus will no longer be available on the North American Charter and North American Precision fixed index annuities   Click here for the updated state availability chart for rider information in your state.
New interest rates and rider availability will apply to applications received in the Home Office on or after July 19, 2016. To receive current rates and rider availability, get applications in before July 19, 2016. 1. The optional Additional Benefit Rider is available for a cost of 0.60% (14-year) or 0.55% (10-year) of Accumulation Value each contract anniversary during the surrender charge period.
Annuity

American Equity – Rate Change

Rate Change Effective July 14, 2016 American Equity’s Choice 10 Annual Point to Point with Participation Rate will change on July 14, 2016. Please see the grid below for the new crediting rate. To receive the current rate on the Choice 10 Annual Point to Point with Participation Rate, original applications along with cash or 1035/Direct Transfer paperwork must be received in our office by 4:45 P.M. (CT) on Wednesday, July 13, 2016. Transfer funds must be received in our office by 4:45 P.M. (CT) on Wednesday, August 10, 2016. Transfer funds received after August 10, 2016 will receive the new rate indicated below. NO EXCEPTIONS!
Choice 10 (ICC14 IDX8-10)* CURRENT RATES NEW RATES
INTEREST CREDITING STRATEGIES Fixed Value 2.25% NO CHANGE
Annual PTP – Cap 5.00% NO CHANGE
Annual PTP – PR 45% 40%
Monthly PTP – Cap 2.00% NO CHANGE
Volatility Control Index w/Spread 0.75% NO CHANGE
*Form number and availability may vary by state.
Bulletins

North American – Important News

Interest Rates Decrease
Interest rates on most fixed index annuities are decreasing (excluding Multi-Year Guarantee Annuities). Watch your email for updated rates coming soon.
New interest rates will apply to applications received in the Home Office on or after July 19, 2016. To receive current rates get applications in before July 19, 2016
NEW Threshold Participation Strategy – Allocation Snapshot For a more in-depth look at how the new Threshold Participation Strategy (TPS) measures up, be sure to download our new client-friendly Allocation Snapshot. Download it here, to see our competitive strength.
Rider Availability Changes * Income Pay Plus/Income Pay Guaranteed Lifetime Withdrawal Benefit Riders will no longer be available on North American Charter Plus fixed index annuity * Income Pay Plus/Income Pay will be available on the NAC RetireChoice fixed index annuity ONLY when the optional Additional Benefit Rider (ABR) is NOT elected1   Rider Availability Changes  for HI, PA, UT, VA * Income Pay Plus/Income Pay Guaranteed Lifetime Withdrawal Benefit Riders will be available on the NAC RetireChoice fixed index annuity ONLY when the optional Additional Benefit Rider (ABR) is NOT elected1 * For Pennsylvania, the Income Pay Guaranteed Lifetime Withdrawal Benefit Rider will no longer be available on the North American Charter and North American Precision fixed index annuities * For Hawaii, the Income Pay Plus will no longer be available on the North American Charter and North American Precision fixed index annuities Click here for the updated state availability chart for rider information in your state.