| Jul 08, 2016
Product News |
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Interest Rates are Decreasing Effective July 21 | |
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Interest rates are decreasing for our fixed and fixed-indexed annuities effective July 21, 2016. Please see the interest rate chart for details.
Cash with Application/Wire
In order to receive the higher rate: - Paper applications with checks must be signed by Wednesday, July 20. Paperwork and funds must be received by Great American within seven calendar days of the application sign date.
- Electronic applications must be completed by Wednesday, July 20. The electronic file and funds must be received by Great American within seven calendar days of the completion date.
Transfers and Rollovers
In order to receive the higher rate:
- Paper applications must be signed by Wednesday, July 20 and received by Great American within seven calendar days of the application sign date.
- Electronic applications must be completed by Wednesday, July 20 and received by Great American within seven calendar days of the completion date.
Fixed annuity funds must be received within 60 calendars days of the date the paper application is signed or the electronic application is completed. Please refer to the table below for guidance on when fixed-indexed annuity funds must be received in order to receive the higher rate: Paper App Signed / Electronic App Completed | Funds must be received by 5:00 p.m. ET on: | On or before June 6, 2016 | July 20, 2016 | June 7, 2016-June 20, 2016 | August 5, 2016 (Friday) | June 21, 2016-July 6, 2016 | August 19, 2016 (Friday) | July 7, 2016-July 20, 2016 | September 6, 2016 |
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| | | | For producer use only. Not for use in sales solicitation. | |
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