Great American Life News

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October 17, 2014  

Rate Decreases Effective October 27 & November 21

As you may be aware, U.S. treasury rates directly affect the interest rates
and features offered by our annuity products. Due to the recent decline in
10-year treasury rates and steadily rising volatility rates, the following
changes are effective October 27 and November 21, 2014.

Effective Monday, October 27, 2014

·       The American Valor 10 premium bonus is decreasing from 4% to 2%

·       The Safe Return bailout cap is decreasing to 3% for both the point-to-point and monthly averaging indexed strategies. This is a change from the previous 50 bps spread.

Order tickets received by Friday, October 24 must have funds in the Home Office by Friday, November 21 to receive the previous rates.

Effective Friday, November 21, 2014

 

·       Fixed interest rates and caps are decreasing for the American Legend III and Safe Outlook

 

Rates will be determined by the date money is received, regardless of the order ticket date. Funds must be received by Thursday, November 20 in order to receive the previous rates.

Please see the interest rate chart for details.

 

Thank you for your continued support of Great American Life.



NB207-14

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