Rates as of: 09/29/2023(To print the Top 10, please use the PDF version)

Insurance Company American
Life &
Security
Farmers
Life
Insurance
National
Security
Insurance
New Era Life
New Era MW

Phil Amer
Atlantic
Coast
Life
Farmers
Life
Insurance
National
Security
Insurance
New Era Life
New Era MW

Phil Amer
Americo
Financial
Life
Farmers
Life
Insurance
Name of AnnuityAmericanClassic3Safeguard+3MYGA3Top Choice 3Safe Haven 5Safeguard+5MYGA5Top Choice 5PlatinumAssure7Safeguard+10
Average Annual Yield 5.40%5.50%5.75%5.30%5.60%5.65%5.70%5.50%5.60%5.35%
Initial Period Yield 5.40%5.50%5.75%5.30% 6.40%5.65%5.70%5.50% 5.60%5.35%
Minimum Amount$1,000$10,000$25,000(NQ)$10,000$10,000$10,000$25,000(NQ)$10,000$25,000$10,000
New Rate-Effective Date9/20/20238/07/20239/18/20239/01/20237/17/20238/07/20239/18/20239/01/20239/27/20238/07/2023
New Rate-
Effective Date
   5.40% on
10/01/23
   5.60% on
10/01/23
  
Rate on Other Amounts5.56%
 Effective Rate
w/ 0.45%
Loyalty Bonus
No W/D exc RMD
  5.35% on Internal Exchanges

 
5.40%Yrs 2-5
Optional
Liquidity
Riders
available with
Lower Rate
  5.60% on Internal Exchanges

 
  
EAY Incl Non-Forfeitable
Bonus on Prem. Received
    1.00%     
Rate Guarantee Period3 Years3 Years3 Years3 Years5 Years5 Years5 Years5 Years7 Years10 Years
Planned Banded Base RateN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Bail-Out Interest RateN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Rate Guarantee
After Initial Period
          
Minimum Rate Guarantee1.00%1.00%2.80%1.00%2.75%1.00%2.80%1.00%2.35%1.00%
After IP - Rate Subject ToFixedFixedFixedFixedFixedFixedFixedFixedFixedFixed
Funds Investment TypeMYGAMYGAMYGAMYGAMYGAMYGAMYGAMYGAMYGAMYGA
FREE Annual Withd'l Amt10% of Prev
Yr Ann Value
100% Interest
Annual Reset
10% of
Acct Value
100%
Interest
Option
Rider
100% Interest
Annual Reset
10% of
Acct Value
100%
Interest
5% of
Acct Value
100% Interest
Annual Reset
Free Withdrawal Per Year1 (Yr2+)121 (Yr2+)12Option121 (Yr2+)12112
Monthly Income ChecksYes (Yr 2+)
 
Yes
($100 min)
N/AYes
($125 min)
Option
($100 min)
Yes
($100 min)
N/AYes
($125 min)
Yes Yes
($100 min)
Surrender Charges for Year0-900-950-850-1000 - 59   | 60-900-950-850-900-850-90
1
2
3
4
5
6
7
8
9
10
MVA+9%
MVA+8%
MVA+7%
MVA+9%
MVA+8%
MVA+7%
 
9%
8%
7%
  
MVA+5%
MVA+5%
MVA+5%
 
MVA+9% | +8%
MVA+8% | +7%
MVA+7% | +6%
MVA+6% | +5%
MVA+5% | +4%

 
MVA+9%
MVA+8%
MVA+7%
MVA+6%
MVA+5%
 
9%
8%
7%
6%
5%
 
MVA+5%
MVA+5%
MVA+5%
MVA+5%
MVA+5%
MVA+9%
MVA+8%
MVA+7%
MVA+6%
MVA+5%
MVA+4%
MVA+3%
 
MVA+9.0%
MVA+8.0%
MVA+7.0%
MVA+6.0%
MVA+5.0%
MVA+4.0%
MVA+3.0%
MVA+2.5%
MVA+1.5%
MVA+0.9%
Penalty Applied from DateOfCont/RenewCont/RenewCont/RenewContractCont/RenewCont/RenewCont/RenewContractContractCont/Renew
Action Req'd End of PeriodRRRRRRRRRNONERRRRRRRRRNONENONERRR
PenaltyWaived-PayOutOver5 Years w/MVANONO5 YearsNONONO5 YearsNONO
PenaltyWaived @ DeathOwnerOwnerOwnerOwnerOptionOwnerOwnerOwnerOwnerOwner
Annual FeesNONENONENONENONENONENONENONENONENONENONE
Additional Premium AllowedNONONONONONONONONONO
Max. Issue Age - Owner909585100909585908590
- Annuitant909585100909585908590
Days Rate Held on RolloversChg+30daysAppDate+60AppDate+60HO Rec+60Chg+45daysAppDate+60AppDate+60HO Rec+60HO Rec+45AppDate+60
Free Look Period30 Days30 Days20 Days20 Days21 Days30 Days20 Days20 Days20 Days30 Days
Rating -A.M.BestB++B++B++A-B++B++B++A-AB++
Company Assets(in Millions)$1,212$25$25$651$1,031$25$25$651$6,172$25
Year Company Founded1960199719471924192519971947192419461997
Home OfficeLincoln
NE
Knoxville
TN
Elba
AL
Houston
TX
Salt Lake City
UT
Knoxville
TN
Elba
AL
Houston
TX
Kansas City
MO
Knoxville
TN
Insurance Company TypeLegal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Ultimate Parent CompanyMidwest
Holdings, Inc
American Capital  GroupNat'l Security GroupNew Era EnterprisesAdvantage
Capital Partners
American Capital  GroupNat'l Security GroupNew Era EnterprisesAmerico Life,
Inc.
American Capital  Group

Rate History on New Prem

          
07/223.85%   4.85%   4.50% 
08/224.10%   5.30%   4.50% 
09/224.10%   5.30%   4.50% 
10/224.10%   5.45%   4.60% 
11/224.80%  NewAnnuity5.45%  NewAnnuity5.10% 
12/225.20%  5.10%5.95%  5.40%5.50% 
01/235.00% NewAnnuity5.00%5.95% NewAnnuity5.30%5.50% 
02/235.00% 5.50%5.00%6.45% 5.75%5.30%5.25% 
03/235.35% 5.50%5.00%6.45% 5.75%5.30%5.30% 
04/235.35% 5.60%5.20%6.25% 5.85%5.40%5.30% 
05/235.25%NewAnnuity5.60%5.20%6.25%NewAnnuity5.65%5.40%5.25%
NewAnnuity
06/235.25%5.25%5.60%5.20%6.25%5.50%5.65%5.30%5.25%
5.15%
07/235.25%5.25%5.60%5.20%6.25%5.50%5.65%5.30%5.25%
5.15%