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Rate Announcement

Effective immediately
FIA & MYGA rate increases!

Effective immediately, your clients can get higher cap and participation rates on several of F&G's fixed indexed annuity (FIA) products, as well as higher fixed rates on our multi-year guaranteed annuity (MYGA).

In addition, as we continually work to comply with standard nonforfeiture regulations, and due to increasing interest rates, Minimum Guaranteed Surrender Value Rates and Guaranteed Minimum Interest Rates have also increased on our FIA products, effective immediately, and on our MYGA product, effective September 1.

FIA rate increase
Effective today, cap and participation rates have increased on many of the interest crediting options for the following products:

  • F&G Power Accumulator® 7 & 10 
  • Performance Pro® 
  • FG AccumulatorPlus® 7 & 10
  • F&G Safe Income Advantage® 

MYGA rate increase
We have increased rates for the FG Guarantee-Platinum® 3, 5 and 7. New rates are available today.

  
View Current Rates

Important reminders for rate changes

  • For FIA policies, contracts issued and funded on or after August 14, 2023 will get the updated rates.
  • For MYGA policies, contracts issued and funded on or after August 22, 2023 will get the updated rates.
  • Requests to re-issue policies will not be honored.
  • Standard rate lock rules apply. Please refer to our rate lock procedures for more details.

Important reminders for Minimum Guaranteed Surrender Value Rates and Guaranteed Minimum Interest Rates

  • For FIA policies, contracts issued and funded on or after August 21, 2023 will get the updated rates.
  • For MYGA policies, contracts issued and funded on or after September 1, 2023 will get the updated rates.
  • Requests to re-issue policies will not be honored.

Questions?
Contact SalesDesk@fglife.com or 866.477.7932.

For financial professional use only. Not for use with the general public.

“F&G” is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.

Guarantees are based on the claims paying ability of the issuing insurer, Fidelity & Guaranty Life Insurance Company, Des Moines, IA.

Indexed interest crediting options are subject to a cap, fixed declared rate, index gain interest rate and/or a spread. All rates subject to change at the sole discretion of Fidelity & Guaranty Life Insurance Company.

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Fidelity & Guaranty Life Insurance Company, 801 Grand Ave, Suite 2600, Des Moines, IA 50309