ThinkAdvisor reports on our first new annuity introduced since the Nassau Re acquisition, NassauMYAnnuity (5X, 7X).
The product is a single-premium, multi-year guarantee annuity. The annuity pays a guaranteed rate of interest, and a purchaser can choose between a 5-year or 7-year guarantee period. The current rate is 3.4% for the 5X version of the annuity and 3.5% for the 7X version.
Read more in the March 21, 2018 ThinkAdvisor article.