State Life – Interest Rates and Product Changes

Access interest rates effective Nov. 15

New business interest rates for the OneAmerica Care Solutions product suite remain unchanged, effective Wednesday, Nov. 15, 2017.

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Upcoming OneAmerica Care Solutions product changes

At year end, OneAmerica will be making slight changes to our product availability in Massachusetts and New Mexico.

* In Massachusetts: ImmediateCare SPIA and ImmediateCare PLUS will no longer be available for new business.

* In New Mexico: Original Annuity Care will no longer be available for new business. Both Annuity Care II and Indexed Annuity Care will remain available.

* In both cases:

* All eApplications must be submitted by Thursday, Nov. 30, 2017.

* All paper applications must be received in the home office by Friday, Dec. 1, 2017.

*All applications must be issued and paid by Friday, Dec. 29, 2017.

 

If the application includes a 1035 exchange, all documentation for 1035 money must be received in the home office by Dec. 1, with the application. If funds are received after the final processing date of Dec. 29, the funds will still be processed and the policy will be issued.

Posted in Bulletins.