OneAmerica: AnnuityCare interest rates changing on 7/15

Access interest rates effective July 15

Effective Monday, July 15, 2019, some OneAmerica^® interest rates are changing.

Annuity Care II and Indexed Annuity Care^® new money rates are decreasing.
New rates and transition rules are listed below.

All other rates remain unchanged.

Please note: With the launch of the new Asset Care^® product, we have moved from an interest-sensitive policy to a traditional whole life policy. One of the differences you will see is how the cash value is calculated. Previously, the cash value grew at a declared current interest rate. With the new product, a current interest rate is not applicable. The cash value is entirely guaranteed and can be seen on a quote.

View all rates »

New Care Solutions rates

Annuity Care II
LTC accumulated value: 1.30%
Accumulated value: 1.20%

Indexed Annuity Care
Point-to-point Cap: 2.00%
Point-to-point Par: 20.00%
Monthly average Cap: 2.25%
Monthly average Par: 26.00%
Fixed account: 1.15%

Transition rules
Current new business rates for Annuity Care II may be preserved based on the method of funding:

Cash transactions: We must receive a completed application with full premium in the Home Office by the end of business on Friday, July 12, to preserve current interest rates.

Transfer/1035 transactions: We must receive a completed application with completed transfer or 1035 paperwork no later than Friday, July 12. All pending transfers to 1035s must be fully funded by Thursday, September 12, to preserve current interest rates.

Guaranteed Interest Rates changing July 15

On July 15, 2019, the Guaranteed Interest Rate for new issues of OneAmerica Individual Life and Financial Services deferred annuity products will change in some states. Please refer to the chart below for full details.

Product

States

April 15-
July 14, 2019

July 15, 2019 and after

Transition rules

Indexed Annuity Care

All states where product is sold

1.45%

1.15%

Cash transactions: We must receive a completed application with full premium in the Home Office by end of business on Friday, July 12, to preserve current interest rates.

Transfer/1035 transactions: We must receive a completed application with completed transfer or 1035 paperwork no later than Friday, July 12. All pending transfers to 1035s must be fully funded by Thursday, September 12, to preserve current interest rates.

Annuity
Care II

MA, NH, PA, VT, WI

1.45%

1.15%

NV, WA

1.30%

All other states where product is sold

1.30%

1.10%

Note: The Guaranteed Interest Rate applies to both the cash and LTC fund values.
Most Beneficial Rate: Indexed Annuity Care offers your clients the opportunity to receive the best declared interest (or cap, or par) rate available between the date their application is received in the Home Office, and the effective date of the contract, if fully funded within 60 days of application. This feature is intended as an easy-to-do-business provision to provide you and your clients the peace of mind to know that they can receive the best declared rates during the application process. Annuity Care also offers this feature for 1035/transfer monies only.