Palladium Multi-Year Guarantee Annuity Update Effective 9/01/2020:
- New $250,000 and higher rate band that adds 25 bps to the base crediting rate for all years.
- Maximum issue age increased to age 90
- 10% free withdrawals will be available in year 1 (excluding CA and NY; will be interest-only in year 1 then 10% thereafter)
- Terminal Illness Surrender Charge Waiver is now available in most states
- Updated to be Owner-driven for payout and commissions
- Maturity date has been extended to age 100
- Updated Market Value Adjustment (MVA) Formula
To get help with new illustrations or for more information, call 800-568-5667 or email us at [email protected]
- August 4, 2020
- Brad Neves
- Announcement, Annuity
Looking for Something?
NFG Brokerage
We are a National Brokerage General Agency helping our Distribution Partners achieve great results.
Request a free quote
Our Team is ready to help. Click the button below and be sure to include the details of your quote...we will be back with you As Soon As Possible.
More from our blog
See all posts
After December 29, only Protection Term '23 and Vitality Term '23 will…
Corebridge is now delivering instant decision on iPipeline SimpliNow Choice platform with the existing, fully…
Watch for the following: Allianz 360SM Annuity and 360 Benefit rider Lifetime withdrawal…
Effective October 30, 2023, QoL Flex Term is repriced in all states…
Undocumented workers living in the U.S. for 10+ years may now be…
North American premium limits, which apply to lump sums, 1035 exchanges, ongoing…
FIA Rates Increase - Effective Oct. 23, 2023 Click Here to download…
Effective Oct. 17, 2023 - MYGA Rates Increase New Business Guidelines: The…
