Newswire: Rate decrease effective 02/16/24 for MYGA and traditional fixed annuity

RATE DECREASE EFFECTIVE 2/16/24 FOR MYGA AND TRADITIONAL FIXED ANNUITY

EquiTrust is decreasing rates for Certainty Select^® and ChoiceFour^®

Transition rules

To receive the current rates, all application paperwork must be received by EquiTrust via mail, fax, E-Application or Upload a Doc no later than 5:00 p.m. Central time, Thursday, February 15, 2024 (the day before the new rates are effective).

Rate hold

If the initial premium is not received with the application but is received within 60 calendar days, the contract will be credited with the higher of the rates on the application received date or the date the premium is received.

Updated rates as of 2/16/24

View the updated Annuity All-Product Summary with 2/16/24 rates.

Certainty Select^® Annuity (Multi-year guarantee annuity)

Guaranteed period

New rate

Previous rate

3-year

5.25%

5.50%

5-year

5.35%

5.75%

6-year

5.40%

5.80%

8-year

5.50%

5.90%

10-year

5.60%

6.00%

ChoiceFour^® Annuity (Traditional fixed annuity)

Annuity option

New rate

Previous rate

Base contract

5.00%

5.50%

MVA option

5.00%

5.50%

Liquidity option

4.50%

5.00%

MVA + Liquidity option

4.50%

5.00%

View All-Product Summary

Questions? Call Sales Support at 866-598-3694 or visit the Agent Gateway.

866-598-3694 • [email protected] • Agents.EquiTrust.com

Active Member

EquiTrust does not offer investment advice to any individual and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.

1170-MULTI-EM-NW (02-24)

FOR PRODUCER USE ONLY

EquiTrust

7100 Westown Pkwy Suite 200
West Des Moines, IA 50266