In response to the current environment, new business rates for Indexed Annuity Care® will be decreasing for new business applications received on or after January 15, 2015. Click here for the original OneAmerica announcement on this.
The new rates will be as follows:
- Point-to-point cap: 2.75%
- Point-to-point par: 15%
- Monthly average cap 3.00%
- Monthly average par: 25%
The fixed account interest rate remains unchanged at 1.10%.
Indexed Annuity Care continues to offer 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 guide and gives you and your clients the peace of mind of knowing that they can receive the best declared rates during the application process.