American Equity – New Commission Payout on MYGA Renewals

Effective July 14, 2016, American Equity will pay 50% of your stated commission rate on Guarantee Series/MYGA automatic renewals. The new commission payout will be applied to MYGA renewals issued July 14, 2016 and after. No adjustments will be made to past renewals. No exceptions.

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.

Legacy Marketing Group – July Interest Rates

Rate Updates

Legacy Rate Announcement

The latest rates are in for Legacy Exclusive Products. To be among the first to know, download the complete package of current Quick Reference sheets, showcasing rate information, product highlights, and state availability. Any changes are indicated in blue
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