MYGA interest rate increase effective December 6, 2016
North American Guarantee Choice Multi-Year Guarantee Annuity (MYGA) interest rates are increasing as follows:
Surrender Charge Period1 |
New High Band Rate |
Old High Band Rate |
New Low Band Rate |
Old Low Band Rate |
3-Year |
1.60% |
1.30% |
1.30% |
1.00% |
4-Year |
1.80% |
1.50% |
1.55% |
1.25% |
5-Year |
2.45% |
2.25% |
2.20% |
2.00% |
6-Year |
2.20% |
1.90% |
1.95% |
1.65% |
7-Year |
2.45% |
2.15% |
2.20% |
1.90% |
8-Year |
2.60% |
2.30% |
2.40% |
2.10% |
9-Year |
2.70% |
2.40% |
2.50% |
2.20% |
10-Year |
2.80% |
2.50% |
2.60% |
2.30% |