NY Eagle Platinum with 10% FW
The NY Eagle Platinum annuity plan oozes stability and offers a host of benefits that retirees will find appealing. With this product, the concern of outliving your income is squashed, replaced by the reassuring reality of guaranteed income. Importantly, its tax-deferred status means your money grows faster, reducing tax-related stress.
This annuity offers more than financial security in your golden years. It acts as a safety net; with liquidity features that allow access to your funds in case of emergencies. Additionally, it has a commendable A- financial strength rating from A.M. Best. American Equity of New York offers peace of mind, excellent service and a commitment to uphold values of honesty and fairness. Truly a product worth considering in your retirement plan.
NY Eagle Platinum with 10% FW
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 5 years | 1.75% |
| 6 years | 1.85% |
| 7 years | 1.9% |
Minimum
- $10,000 (Excludes Inherited Beneficiary contracts)
- $30,000 Inherited/Beneficiary IRAs
- $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
- The death benefit of the contract prior to the maturity date is equal to the contract value.
10% Free withdrawal. If you select the 10% Free Withdrawal Option, you may make annual free withdrawals up to 10% of your Contract Value beginning in the second Contract Year.
Riders
No Riders for NY Eagle Platinum with 10% FW annuity.
Waivers
Nursing Home
Included automatically at issue for all ages. A one-time withdrawal of up to 100% of the contract value is allowed if the owner is confined to a qualified nursing care facility for a minimum of 90 consecutive days, beginning after the first contract year. Written proof of confinement is required from the recommending qualified physician. Any payment made under this rider will not be subject to withdrawal charges, surrender charges, or MVAs.
Terminal Illness
Included automatically at issue for all ages. A one-time withdrawal of up to 100% of the contract value is allowed if the owner is diagnosed with a terminal illness. Diagnosis must occur after the first contract year and written proof is required from a qualified physician. Any payment made under this rider will not be subject to withdrawal charges, surrender charges, or MVAs.
Surrender Window
Within 30 calendar days after the end of the guarantee period, you can surrender the contract and receive the surrender value without incurring surrender charges.
- A.M. Best A
- Fitch A-
- S&P A
- Comdex 71
