Category: Annuity News

American Equity Rate Increase – 52% Par Rate on 8 Year Product

American Equity’s Choice Series of indexed annuities is now even more competitive on your accumulation cases.  What catches our eye the most is the 52% participation rate on the 8 year MVA chassis.  Capture 52% annually of the upside in the S&P with NO RISK OF LOSS due to a drop in the S&P 500! Solid rate – solid carrier – solid renewal history!  Want to know more?  Want to see a history of how participation rate strategies have done?  Give David Smith a...

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Rate Increase – Participation Rates As High As 54%!

Up to 54% S&P 500 Participation Rate at $100,000 of Premium One of our “A” rated carriers announced August rates and they have jumped to the top for pure S&P 500 participation.  10% penalty free withdrawals commerce year 2, terminal illness and nursing home waivers are built in and the GMAB is 1% simple at end of term.  Interest rates are banded with $15,000 as the minimum to open a contract and $100,000 required to get the higher rate.  See below: 5 year – $15,000 – 50% year – $100,000 – 52% 7 year – $15,000 – 51% 7 year – $100,000 – 53% 10 year – $15,000 – 52% 10 year – $100,000 – 54% The fixed account rate of 2.00% is not competitive.  However, consider a split ticket if you need the strongest participation rate and a solid fixed account. Call David Smith for carrier/product...

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Legacy ClassicMarkSM is now one of the few FIAs to issue to age 90!

Do you have clients ages 86-90 who wouldlike to leave a legacy but are frustrated by the lack of financial alternatives to low-interest products? Available with a five-year surrender charge schedule, ClassicMarkSM 10 and 10 LT offer clients ages 86–90 a combination of strong guarantees, tax deferral, security, and upside potential that’s hard to beat: ▪ Worst-case return of 5.1% after five years based on a minimum guarantee of 1% on 100% of premium.* ▪ Death benefit that includes any partial-year index credits. ▪ Backing of an “A” rated carrier.** ▪ Penalty-free access—10% available starting Year 1.† View Email or contact our annuity sales desk for additional...

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