Fixed annuity review and rates

NY Eagle Platinum

A Simple, safe money alternative whether your retirement is a far-off goal or soon-to-be reality. Innovative tax deferred annuities can help ypu maximize growth while preserving your hard-earned dollars.

Minimum
  • $10 000 (Excludes Inherited Beneficiary contracts)
  • $30 000 Inherited/Beneficiary IRAs

Maximum
  • $1 500 000 issue ages 18-69
  • $1 000 000 issue ages 70-74
  • $750 000 issue ages 75-80
  • $500 000 issue ages 81-85

Free withdrawal:
  • Interest only - Free withdrawals of an amount up to interest credited thet year
  • 10% Free withdrawal - Free withdrawals of up to 10% start in year two 

If 5year MVA contract renewed - surrender charge: 5, 4, 3, 2, 1, 0

Interest Rates

Guaranteed Years Surrender Years Guaranteed Yield Current Yield
5 5 1.75% 1.75%
6 6 1.85% 1.85%
7 7 1.9% 1.9%
American Equity Investment Life Insurance Company of New York
Founded: 1995
A.M. Best: A-
Fitch: A-
S&P: A-
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Types of funds
Non-Qualified, IRA, Spousal IRA, SEP IRA, and IRA-Roth