Fixed annuity review and rates
NY Eagle Platinum MVA
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
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 5-year MVA contract renewed - surrender charge: 5, 4, 3, 2, 1, 0
Interest Rates
| Guaranteed Years | Surrender Years | Guaranteed Yield | Current Yield |
|---|---|---|---|
| 5 | 5 | 1.85% | 1.85% |
American Equity Investment Life Insurance Company of New York
Founded:
1995
A.M. Best:
A-
Fitch:
A-
S&P:
A-
Brochure
Free withdrawal
0%
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, and NQ Stretch