Americo | Important MYGA Rate Change Notice

Americo | Important MYGA Rate Change Notice

by | Jan 16, 2024 | Annuity, News | 0 comments

Americo | Important MYGA Rate Change Notice
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New Annuity Rates Effective January 17, 2024

 

Platinum Assure Series Multi-Year Guaranteed Annuity rates will change effective January 17, 2024.

New contracts issued on or after January 17, 2024, will receive the new rate. Applications must be received in the Home Office by January 16, 2024, 5:00 PM, Central, to lock in current rates.

All funds on applications received by the end of the day on January 16, 2024, must be received in the Home Office by March 1, 2024, 5:00 PM, Central, to receive the current rate. 

Click on the link below to view the new rates.

Rate Card
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Global Atlantic | 2024 Financial Professional Bonus Sales Commission

Global Atlantic | 2024 Financial Professional Bonus Sales Commission

by | Jan 11, 2024 | Agent Incentives, Annuity, Global Atlantic | 0 comments

Global Atlantic | 2024 Financial Professional Bonus Sales Commission
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Introducing a new way to elevate your earning potential. Earn up to an additional 1.50% in bonus commission when you sell certain products through eApplication. This program applies to business issued beginning December 1, 2023 and runs through the end of next year, December 31, 2024.

Start earning more! Submit an eApplication through your IMO or by using Global Atlantic’s SnapApp.

Financial Professional Sales Tiers | Bonus

0 – $2,000,000

0.00%
$2,000,000 – $4,000,000

0.50%
$4,000,000 – $6,000,000

0.75%
$6,000,000 – $8,000,000

1.00%
$8,000,000 – $10,000,000

1.25%
$10,000,000 – $100,000,000

1.50%

Must include 5 or more issued contracts to be eligible for bonus

Click Here for more details
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Global Atlantic | 2024 Financial Professional Bonus Sales Commission

Global Atlantic | 2024 Incentives & FIA Enhancements

by | Jan 11, 2024 | Annuity, Global Atlantic, News | 0 comments

Global Atlantic | 2024 Incentives & FIA Enhancements
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Product Updates

Fixed Index Annuity Enhancements – Effective January 16, 2024

Issued by Forethought Life Insurance Company

Effective January 16, 2024, we are updating our fixed index annuity product suite with several compelling new features and options. These enhancements reflect Global Atlantic’s ongoing commitment to offering competitive products with meaningful benefits at reasonable costs.

Availability applies to new business only. Not all products, features, and materials are available at all firms or in all states.

Please note that these updates do require Financial Professionals to retake NAIC product training.

Fixed Index Annuity Enhancements - Effective Jan 16, 2024
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Nationwide | 10 rates effective January 1, 2024

Nationwide | 10 rates effective January 1, 2024

by | Jan 2, 2024 | Annuity, News | 0 comments

Nationwide | 10 rates effective January 1, 2024
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Current annuity rates from Nationwide

Nationwide Peak® 10 Rates: Effective 1/1/2024

AK, CT, IA, ID, MN, MO, MS, NH, NJ, NV, OH, OK, OR, PA, RI, SC, TX, UT, WA, WY

AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, KS, KY, LA, ME, MD, MA, MI, MT, NC, NE, NM, ND, SD, TN, VA, VT, WV, WI

Applications are subject to a 60 calendar-day rate-lock period.

The rate lock will provide the greater of the rates available during the 60 days based on the application signed date or issue date, as long as the contract is in good order and funded within 60 calendar days from the application date. Otherwise, the contract will receive only the current rates available at the time of issuance.

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F&G | Annuity Rate Update

F&G | Annuity Rate Update

by | Dec 28, 2023 | Annuity, News | 0 comments

F&G | Annuity Rate Update
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We are making adjustments to some cap and participation rates on F&G’s fixed indexed annuity (FIA) products, as well as on our multi-year guaranteed annuities (MYGA). New rates will be effective on January 3, 2024.

MYGA rate adjustments

We are changing rates for the FG Guarantee-Platinum® 3, 5, and 7. New rates will be effective January 3, 2024.

FIA rate adjustments

Effective January 3, 2024, we are changing cap and participation rates on some of the interest crediting options for the following products:

  • Accelerator Plus® 10 & 14
  • FG AccumulatorPlus® 7 & 10
  • F&G Flex Accumulator®
  • F&G Power Accumulator® 7 & 10
  • Performance Pro®
  • Prosperity Elite® 7, 10 & 14
View Rates

Important Reminders

Effective January 3, 2024, we are changing cap and participation rates on some of the interest crediting options for the following products:

  • For applications received before January 3, 2024, we will issue the policy with the current rates.
  • For applications received on or after January 3, 2024, we will issue the policy with the new rates.
  • Standard rate lock rules apply. Please refer to our rate lock procedures for more details.
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