Rates are on the rise! Newer, higher rates for Performance Pro® fixed indexed annuity (FIA) and FG Guarantee-Platinum® multi-year guaranteed annuity (MYGA) will be effective April 8. Here are the highlights:
- Cap and par rates increasing on most of the interest crediting options
- Your clients can collect a 12% premium bonus rate! Click here for details.
FG Guarantee-Platinum fixed interest rates:
- 3-Year: ↑ 30 bp to 2.95%
- 5-Year: ↑ 25 bp to 3.35%
- 7-Year: ↑ 15 bp to 3.40%
- Rates apply to new business issued with the April 8 effective date and later.
- Requests to reissue previously issued contracts with new, higher rates will not be honored.
- Standard rate lock rules apply. Please refer to F&G’s rate lock procedures for more details.
Find out more about these changes from F&G…