American Equity – MYGA Rate Change Effective April 13, 2016

American Equity’s Guarantee Series rates will change on April 13, 2016. To receive the current rates, original applications along with cash or 1035/Direct Transfer paperwork must be received in the American Equity office by 4:45PM CT on Tuesday, April 12, 2016. Transfer funds must be received in their office by 4:45PM CT on Tuesday, May 10, 2016. Transfer funds received after Tuesday, May 10, 2016 will receive the new rates as indicated below. NO EXCEPTIONS!

Guarantee Series (ICC13 MYGA*) Current Rate New Rate
Guarantee 5 2.85% 2.70%
Guarantee 6 3.05% 2.90%
Guarantee 7 3.30% 3.15%

* Form number and availability may vary by state.

Posted in Annuity, Bulletins, Rate Change.