Rates as of: 06/01/2023(To print the Top 10, please use the PDF version)

Insurance Company American
Life &
Security
National
Security
Insurance
New Era Life
New Era MW

Phil Amer
SILAC
Insurance
Company
American
Life &
Security
Americo
Financial
Life
Atlantic
Coast
Life
National
Security
Insurance
New Era Life
New Era MW

Phil Amer
National
Security
Insurance
Name of AnnuityAmericanClassic3MYGA3Top Choice 3SecSavElite3AmericanClassic5PlatinumAssure5Safe Haven 5MYGA5Top Choice 5MYGA7
Average Annual Yield 5.25%5.60%5.20%5.40%5.30%5.15%5.45%5.65%5.30%5.55%
Initial Period Yield 5.25%5.60%5.20% 5.40%5.30%5.15%6.25%5.65%5.30% 5.55%
Minimum Amount$1,000$25,000(NQ)$10,000$10,000$1,000$25,000$10,000$25,000(NQ)$10,000$25,000(NQ)
New Rate-Effective Date4/26/20233/20/20234/01/20235/01/20234/06/20235/26/20233/27/20234/17/20236/01/20234/17/2023
New Rate-
Effective Date
          
Rate on Other Amounts5.40%
 Effective Rate
w/ 0.45%
Loyalty Bonus
No W/D exc RMD
 5.25% on Internal Exchanges

 
Optional
Liquidity
Riders
available with
Lower Rate

 
5.42%
 Effective Rate
w/ 0.60%
Loyalty Bonus
No W/D exc RMD
 5.25%Yrs 2-5
Optional
Liquidity
Riders
available with
Lower Rate
 5.40% on Internal Exchanges

 
 
EAY Incl Non-Forfeitable
Bonus on Prem. Received
      1.00%   
Rate Guarantee Period3 Years3 Years3 Years3Years5 Years5 Years5 Years5 Years5 Years7 Years
Planned Banded Base RateN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Bail-Out Interest RateN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Rate Guarantee
After Initial Period
          
Minimum Rate Guarantee1.00%1.00%1.00%2.45%1.00%2.35%1.00%1.00%1.00%1.00%
After IP - Rate Subject ToFixedFixedFixedFixedFixedFixedFixedFixedFixedFixed
Funds Investment TypeMYGAMYGAMYGAMYGAMYGAMYGAMYGAMYGAMYGAMYGA
FREE Annual Withd'l Amt10% of Prev
Yr Ann Value
10% of
Acct Value
100%
Interest
Option
Rider
10% of Prev
Yr Ann Value
5% of
Acct Value
Option
Rider
10% of
Acct Value
100%
Interest
10% of
Acct Value
Free Withdrawal Per Year1 (Yr2+)1 (Yr2+)12Option1 (Yr2+)1Option1 (Yr2+)121 (Yr2+)
Monthly Income ChecksYes (Yr 2+)
 
N/AYes
($125 min)
Option
($100 min)
Yes (Yr 2+)
 
Yes Option
($100 min)
N/AYes
($125 min)
N/A
Surrender Charges for Year0-900-850-10018-850-900-900 - 59   | 60-900-850-900-85
1
2
3
4
5
6
7
8
9
10
MVA+9%
MVA+8%
MVA+7%
9%
8%
7%
 
MVA+5%
MVA+5%
MVA+5%
 
MVA+9%
MVA+8%
MVA+7%
 
MVA+9%
MVA+8%
MVA+7%
MVA+6%
MVA+5%
MVA+9%
MVA+8%
MVA+7%
MVA+6%
MVA+5%
 
MVA+9% | +8%
MVA+8% | +7%
MVA+7% | +6%
MVA+6% | +5%
MVA+5% | +4%

 
9%
8%
7%
6%
5%
 
MVA+5%
MVA+5%
MVA+5%
MVA+5%
MVA+5%
9%
8%
7%
6%
5%
4%
3%
 
Penalty Applied from DateOfCont/RenewCont/RenewContractCont/RenewCont/RenewContractCont/RenewCont/RenewContractCont/Renew
Action Req'd End of PeriodRRRRRRNONERRRRRRNONERRRRRRNONERRR
PenaltyWaived-PayOutOver5 Years w/MVANO5 YearsNO5 Years w/MVANONONO5 YearsNO
PenaltyWaived @ DeathOwnerOwnerOwnerNOOwnerOwnerOptionOwnerOwnerOwner
Annual FeesNONENONENONENONENONENONENONENONENONENONE
Additional Premium AllowedNONONONONONONONONONO
Max. Issue Age - Owner908510085909090859085
- Annuitant908510085909090859085
Days Rate Held on RolloversChg+30daysAppDate+60HO Rec+60AppDate+30Chg+30daysHO Rec+45Chg+45daysAppDate+60HO Rec+60AppDate+60
Free Look Period30 Days20 Days20 Days30 Days30 Days20 Days21 Days20 Days20 Days20 Days
Rating -A.M.BestB++B++A-B+B++AB++B++A-B++
Company Assets(in Millions)$1,212$25$651$7,563$1,212$6,172$1,031$25$651$25
Year Company Founded1960194719241935196019461925194719241947
Home OfficeLincoln
NE
Elba
AL
Houston
TX
Salt Lake City
UT
Lincoln
NE
Kansas City
MO
Salt Lake City
UT
Elba
AL
Houston
TX
Elba
AL
Insurance Company TypeLegal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Legal
Reserve
Ultimate Parent CompanyMidwest
Holdings, Inc
Nat'l Security GroupNew Era EnterprisesSILAC, LLCMidwest
Holdings, Inc
Americo Life,
Inc.
Advantage
Capital Partners
Nat'l Security GroupNew Era EnterprisesNat'l Security Group

Rate History on New Prem

          
04/222.80%   3.30% 3.95%   
05/223.15%   3.50% 4.30%   
06/223.85%   4.05%NewAnnuity4.85%   
07/223.85%   4.05%4.20%4.85%   
08/224.10%   4.30%4.25%5.30%   
09/224.10%   4.30%4.25%5.30%   
10/224.10%   4.30%4.40%5.45%   
11/224.80% NewAnnuity 5.00%5.00%5.45% NewAnnuity 
12/225.20% 5.10% 5.40%5.40%5.95% 5.40% 
01/235.00%NewAnnuity5.00%NewAnnuity5.20%5.40%5.95%NewAnnuity5.30%NewAnnuity
02/235.00%5.50%5.00%5.50%5.20%5.20%6.45%5.75%5.30%5.75%
03/235.35%5.50%5.00%5.50%5.40%5.40%6.45%5.75%5.30%5.75%
04/235.35%5.60%5.20%5.65%5.40%5.40%6.25%5.85%5.40%5.75%