NEWSWIRE: Rate Change on Three Index Annuities – Effective 2/19/21
Rate Change on Index Annuity Products Effective February 19, 2021
Rate Decrease on MarketPower Bonus Index, MarketTen Bonus Index and MarketValue Index Annuity Products.
Transition Rules To receive the current rates, applications must be received via mail, fax or E-App on Thursday, February 18th by 5:00 PM (Central).
If fax is confirmed, do not resend; please allow for processing time.
1-Yr Interest 1-Yr Pt-to-Pt Cap 1-Yr Mo Avg Cap 1-Yr Mo Avg Part 1-Yr Mo Cap 2-Yr Mo Avg Cap Focus50 1-YrPt to Pt Part Focus50 2-YrPt-to-Pt Part
Rates if IBR is Not Elected 2.00% (formerly 2.25%) 2.25% (formerly 2.50%) 20.00% (formerly 25.00%) 1.10% (formerly 1.30%) 4.00% (formerly 5.00%) 30.00% (formerly 40.00%) 50.00% (formerly 60.00%)
Rates if IBR is Elected 2.25% (no change) 20.00% (formerly 23.00%) 4.00% (no change) 30.00% (formerly 35.00%) 50.00% (formerly 55.00%)
1-Yr Interest 1-Yr Pt-to-Pt Cap 1-Yr Mo Avg Cap 1-Yr Mo Avg Part 1-Yr Mo Cap 2-Yr Mo Avg Cap Focus50 1-YrPt-to-Pt Part Focus50 2-YrPt-to-Pt Part
Rates if IBR is Not Elected 2.00% (formerly 2.25%) 2.25% (formerly 2.50%) 18.00% (formerly 23.00%) 1.10% (formerly 1.20%) 4.00% (formerly 5.00%) 30.00% (formerly 35.00%) 50.00% (formerly 55.00%)
Rates if IBR is Elected 2.25% (no change) 18.00% (no change) 4.00% (no change) 30.00% (no change) 50.00% (no change)
1-Yr Interest 1-Yr Pt-to-Pt Cap 1-Yr Pt-to-Pt Part 1-Yr Mo Avg Cap 1-Year Mo Avg Part 1-Year Mo Cap 2-Yr Mo Avg Cap Focus50 1-YrPt-to-Pt Part Focus50 2-YrPt-to-Pt Part MARC 5% 1-YrPt-to-Pt Part
Rates if IBR is Not Elected 2.50% (no change) 4.25% (no change) 28.00% (no change) 4.75% (no change) 45.00% (no change) 1.85% (formerly 2.00%) 10.00% (no change) 80.00% (no change) 105.00% (formerly 115.00%) 95.00% (no change)
Rates if IBR is Elected 2.25% (no change) 25.00% (no change) 4.50% (no change) 1.80% (no change) 9.00% (no change) 70.00% (no change) 95.00% (no change) 85.00% (no change) Click here to see the Annuity All Product Summary with 2/19/21 rates.
Questions? Call Sales Support IC21-ECN-1024 FOR PRODUCER USE ONLY EquiTrust 7100 Westown Pkwy Suite 200 |