The Manhattan Life Insurance Company
Manhattan Life Insurance Company
Multi-Year Guarantee Annuities (MYGA)
ANNUITY RATES EFFECTIVE: JUNE 18, 2021
Guaranteed Rates
Others
CA/NY
Guarantee Period
Preferred Choice (N/A in ND, SD)
1.80%
1.60%
3 Years
2.25%
1.95%
5 Years
2.25%
1.95%
6 Years
2.30%
2.05%
7 Years
Minimum Premium
Annuitant's Actual
Issue Age
Early Surrender Charges
Penalty-Free Partial
Surrenders
Guaranteed Return of
Premium (ROP)*
Death Benefit
$10,000
0 - 99
6, 5, 4, 0%
Accrued Interest or RMD
$25,000
0 - 84 0 - 84
8, 7, 6, 5, 4, 0% 8, 7, 6, 5, 4, 3, 0%
15% Per Calendar
Year
No
Annuity Value
$10,000
0 - 84
8, 7, 6, 5, 4, 3, 2, 0%
Premium Preferred (N/A in ND, SD)
2.10% 2.15%
1.70% 1.80%
5 Years 7 Years
$10,000
0 - 84 0 - 84
8, 7, 6, 5, 4, 0% 8, 7, 6, 5, 4, 3, 2, 0%
15% Per Calendar
Year
Yes
Annuity Value
For Agent, Broker or Producer use only. Not for use with the public or consumers. Manhattan Life reserves the right to change rates or terminate any program without notice. Other limitations and exclusions may apply. Tax Qualifiers: Non-Qualified, and IRA including Roth, SEP, Simple and Traditional (Qualified funds are not accepted for Puerto Rico). $1,000,000 is the maximum single premium amount that can be applied to a contract without prior approval from the Company. *ROP: The return of the initial single premium paid, minus any partial surrenders taken.
MLICRates061821
Manhattan Life Insurance Company
Multi-Year Guarantee Annuities (MYGA)
ANNUITY RATES EFFECTIVE: JUNE 18, 2021
MYGA Plans & Features
Owner Resident States Where N/A
Free Look Period
Penalty-Free Partal Surrenders* (Withdrawals)
Withdrawal* Period
Waiver of Surrender Charges
Guaranteed Return of Premium (ROP) Market Value Adjustment (MVA)
Death Benefit
Preferred Choice 3, 5, 6, & 7 Years
ND, SD
30 Days
3 Year Accrued Interest or RMD;
5, 6, & 7 Year 15% of the Annuity Value
Interest - Anytime; RMD - Current Year
At Death of the Annuitant
No
No
Annuity Value
Premium Preferred 5, & 7 Years ND, SD
30 Days
15% of the Annuity Value
Per Calendar Year
At Death of the Annuitant
Return of single premium, minus withdrawals
No
Annuity Value
*EFT is the required and most secure method for your client's payouts. This allows their distribution to be credited to their checking account within two (2) business days of processing without the usual delays in mailing or the possibility of loss or theft. Please have them complete and return an "Annuity Income Payment Request" or "Authorization for Direct Deposit" form with a voided check attached.
MLICRates061821
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