Current Annuity Rates
Effective: 5/02/2022
Flexible Premium Retirement Annuity
| Deposit Amount | New Money Rate | 1% Guaranteed Rate (policies after 2009) | 3% Guaranteed Rate (policies before 2009) |
|---|---|---|---|
| $25 to $24,999 | 2.00% | 2.00% | 3.00% |
| $25,000 to $49,999 | 2.10% | 2.10% | 3.00% |
| $50,000 to $99,999 | 2.20% | 2.20% | 3.00% |
| $100,000 to $1,000,000 | 2.25% | 2.25% | 3.00% |
Deposit Amount – Your cumulative deposits determine your interest rate group.
New Money Rate – New deposits will earn the new money rate declared on the date of deposit for the first 12 months they are invested. This rate will not be less than your guaranteed minimum interest rate stated on your contract.
Portfolio Rate – All funds held in the annuity for at least 12 months will earn the current declared portfolio rate and will not be less than your guaranteed minimum interest rate stated on your contract. The portfolio rate will change periodically based on the Association’s investment experience.
Single Premium Deferred Annuity
| Single Premium | 5-Year Lock | 7-Year Lock* | 10-Year Lock* |
|---|---|---|---|
| $10,000 to $24,999 | 3.70% | 3.70% | 3.90% |
| $25,000 to $99,999 | 4.00% | 4.00% | 4.20% |
| $100,000 and Above | 4.10% | 4.10% | 4.30% |
*A 1% premium bonus is added to any deposit with a 7- or 10-year lock. This premium bonus and the interest it accumulates will be forfeited if the contract is surrendered prior to the end of the lock-in period.
*Deposits will be limited to a maximum of $5,000,000 in total contributions per household.
Two-Year Single Premium Deferred Annuity
| Single Premium | 2-Year Lock* |
|---|---|
| $3,000 to $25,000 | 4.50% |
*Deposits will be limited to a maximum of $25,000 in total contributions per household.
Single Premium Immediate Annuity
| Single Premium | 5 Year | 7 Year | 10 Year | 15 Year | 20 Year | 25 Year |
|---|---|---|---|---|---|---|
| $10,000 to $24,999 | 1.75% | 2.10% | 2.70% | 2.90% | 3.05% | 3.20% |
| $25,000 to $49,999 | 1.80% | 2.15% | 2.80% | 2.95% | 3.10% | 3.25% |
| $50,000 to $99,999 | 1.90% | 2.20% | 2.85% | 3.00% | 3.15% | 3.30% |
| $100,000 to $1,000,000 | 1.95% | 2.25% | 2.85% | 3.00% | 3.15% | 3.30% |