Newswire: Increase to Minimum Guaranteed Interest Rate on ChoiceFour

MINIMUM GUARANTEED INTEREST RATE INCREASED FOR CHOICEFOUR SPDA

• The Minimum Guaranteed Interest Rate represents the minimum annual credited rate that can be declared on Certainty Select, ChoiceFour and the fixed account on FIAs. The renewal rate on each of these products/accounts can never be less than the Minimum Guaranteed Interest Rate.
• The Minimum Guaranteed Contract Rate is the rate associated with the minimum cash value floor, which is often referred to as the Minimum Guaranteed Contract Value. If a client surrenders their contract, the surrender value can never be less than this amount.

Questions about the Minimum Guaranteed Interest Rate change?
Give us a call at 866-598-3694.