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 Rate Change on EquiTrust Annuities, Effective September 20
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Annuity Rate Change
Effective September 20, 2019
Rate Reduction
The rates on the following products will be reduced effective September 20: MarketValue Index Annuity, MarketSeven Index Annuity, Choice Four Annuity, Confidence Income Annuity.
Transition Rules
To receive the current rates, applications must be received by mail, fax or E-App by Thursday, September 19. Faxed applications must be received at EquiTrust by 5:00 PM (Central) on September 19; if fax is confirmed, do not resend; allow a couple days processing time.
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MarketValue Index
1-Year Interest
1-Year Pt-to-Pt Cap
1-Year Pt-to-Pt Part
1-Year Monthly Avg Cap
1-Year Monthly Avg Part
1-Year Monthly Cap
2-Year Monthly Avg Cap
1-Year Pt-to-Pt Part (Dynamo)
2-Year Pt-to-Pt Part (Dynamo)
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Rates if Income Rider
Not Elected
2.40% (formerly 2.50%)
4.75% (formerly 5.00%)
40.00% (formerly 45.00%)
5.50% (formerly 6.00%)
70.00% (formerly 80.00%)
1.70% (formerly 1.80%)
16.00% (formerly 18.00%)
80.00% (no change)
100.00% (no change)
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Rates if Income Rider
is Elected
2.25% (no change)
4.50% (formerly 4.75%)
38.00% (formerly 40.00%)
5.00% (formerly 5.50%)
60.00% (no change)
1.50% (formerly 1.60%)
15.00% (no change)
75.00% (no change)
95.00% (no change)
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MarketSeven Index
1-Year Interest
1-Year Pt-to-Pt Cap
1-Year Pt-to-Pt Part
1-Year Monthly Avg Cap
1-Year Monthly Avg Part
1-Year Monthly Cap
2-Year Monthly Avg Cap
1-Year Pt-to-Pt Part (Dynamo)
2-Year Pt-to-Pt Part (Dynamo)
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Rates if Income Rider
Not Elected
2.35% (formerly 2.50%)
4.75% (formerly 5.25%)
37.00% (formerly 40.00%)
5.50% (formerly 6.00%)
60.00% (formerly 65.00%)
1.50% (formerly 1.65%)
13.00% (formerly 14.00%)
75.00% (formerly 80.00%)
100.00% (no change)
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Rates if Income Rider
is Elected
2.25% (no change)
4.50% (formerly 5.00%)
35.00% (formerly 38.00%)
5.00% (no change)
55.00% (formerly 60.00%)
1.40% (formerly 1.50%)
12.00% (no change)
70.00% (formerly 75.00%)
90.00% (no change)
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ChoiceFour (Traditional Fixed Annuity)
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Base Contract
MVA Option
Liquidity Option
Liquidity + MVA Option
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2.90% (formerly 3.00%)
2.90% (formerly 3.00%)
2.40% (formerly 2.50%)
2.40% (formerly 2.50%)
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Confidence Income Annuity (Single Premium Immediate Annuity)
Monthly Guaranteed Payment on $100,000 Premium)
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5-Year Fixed Period
10-Year Fixed Period
15-Year Fixed Period
20-Year Fixed Period
Life Only - Male 65
Life Only - Female 65
Joint Life - M 65 / F 65
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$1,718.51 (no change)
$933.31 (no change)
$673.39 (no change)
$551.20 (no change)
$513.27 (formerly $538.01)
$466.18 (formerly $490.26)
$406.13 (formerly $429.14)
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