Index Annuity Rate and Commission Change
Effective April 1, 2019
MarketTen Bonus, MarketValue and MarketSeven rates will be reduced effective April 1, impacting 1-Year Interest Accounts and several index strategies. Income Rider rates are not impacted.
MarketPower Bonus Index
Option A – Upfront: reduced 50 basis points
Option B – Upfront + Trail: reduced 25 basis points on upfront amount
Option C – Trail: no change
Commission reduction does not apply in AK, CT, IL, MN, MT, NJ, NV, OH, OK, OR, PA, TX, UT, VT and WA.
To receive the current rates and commission, applications must be received by mail, fax or E-App by Friday, March 29. Faxed applications must be received at EquiTrust by 5:00 PM (Central) on March 29; if fax is confirmed, do not resend; allow a couple days processing time.
Rates If Income Rider Not Elected – Effective April 1, 2019
MarketTen Bonus Index