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Royal Neighbors of America

UPDATED! Royal Choice Annuity Interest Rates

August 25, 2016/in Annuity News

UPDATED! Royal Choice Annuity Interest Rates

Effective September 1, 2016, the Royal Choice Multi-Year Guarantee Annuity (MYGA) rates will change.

UPDATED! Royal Choice Annuity Interest Rates

Effective September 1, 2016, the Royal Choice Multi-Year Guarantee Annuity (MYGA) rates will change. Please review the new rates below for ALL rate changes.
ANNUITY INTEREST RATES as of 9/1/2016*
  Rate as of 9/1/2016* Current Rate Minimum Guaranteed Rate**
Royal Choice Annuity 5-year 2.10% 2.20% 1.00%
Royal Choice Annuity 7-year 2.50% 2.60% 1.00%
Royal Choice Annuity 10-year 2.65% 2.75% 1.00%
Royal Choice Annuity 5-year for CA 1.85% 1.95% 1.00%
Royal Choice Annuity 7-year for CA 2.25% 2.35% 1.00%
Royal Choice Annuity 9-year for CA 2.40% 2.50% 1.00%

 

*Rates are subject to change. Rates are for the Initial Guarantee Period.

**The Minimum Guaranteed Credited Interest Rate (Minimum Non-forfeiture Rate) is established on the Issue Date and will not change for the life of the contract.

New interest rates will apply to applications received in the Administrative Office on or after Thursday, September 1, 2016. To receive current interest rates, applications must be received in the Administrative Office on or before Wednesday, August 31, 2016. Applications may be faxed to 844-348-1239, emailed to RoyalNeighbors@aiasvcs.com, or mailed to P.O. Box 14209, Clearwater, FL 33766-4209; overnight address is 2650 McCormick Drive, Clearwater, FL, 33759. Pending rollover and/or transfer paperwork received in the Administrative Office on or before Wednesday, August 31, 2016 must have funds received on or before Thursday, October 27, 2016 in order to receive the current rates.

2978-R; Rev. 8-2016                                     For agent use only. Not for use with the general public.

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