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Annuity Interest rates efective Feb. 22, 2022 - fidelity annuity interest rates


Annuity Interest rates efective Feb. 22, 2022-fidelity annuity interest rates

Annuity Interest rates effective
Feb. 22, 2022
NAC VersaChoiceSM 10 fixed index annuity
Minimum premium: $20,000 qualified and non-qualified
High band rate: $75,000 or more; Low band rate: $20,000 - $74,999
Fixed account rate
10 year high band 10 year low band
2.30% 1.90%
Participation rate (No Cap) 10 year high band 10 year low band
S&P 500? 30% 25%
Annual Point-to-Point with Participation Rate S&P MARC 5% ER 85% 70%
Fidelity Multifactor Yield IndexSM 5% ER 95% 80%
S&P 500? 40% 35%
Two-year Point-to-Point with Participation Rate S&P MARC 5% ER 125% 105%
Fidelity Multifactor Yield IndexSM 5% ER 140% 115%
Enhanced Participation Rate 10 year high band 10 year low band
Fidelity Multifactor Yield IndexSM 5% ER 155% 145%
Annual Point-to-Point with enhanced Participation Rate strategy charge1 1.50% 1.50%
Fidelity Multifactor Yield IndexSM 5% ER 230% 210%
Two-year Point-to-Point with enhanced Participation Rate strategy charge1 1.50% 1.50%
Index Margin (No Cap) 10 year high band 10 year low band
S&P 500? Low Volatility
Annual Point-to-Point with Index Margin Daily Risk Control 5% 1.50% 2.50%
Index Cap Rate 10 year high band 10 year low band
Monthly Point-to-Point with Index Cap Rate S&P 500? 1.80% 1.60%
Annual Point-to-Point with Index Cap Rate S&P 500? 4.50% 4.00%
1. Strategy charge: In exchange for a strategy charge, the client unlocks greater upside potential through an enhanced participation rate. The strategy charge is
deducted from the accumulation value at the end of each term* and is guaranteed to stay the same for the life of the contract.
*Strategy charges are considered a partial surrender and for purposes of the Return of Premium feature will reduce the Net Premium accordingly. The charge will be
deducted at the time of a full surrender and at the time of a partial withdrawal that exceeds the penalty-free withdrawal amount.
The strategy fee is known as a Strategy Fee Annual Percentage in your Contract. The annual charge is multiplied by 2 for the Two-year crediting strategy.
The NAC VersaChoiceSM is issued on base contract form NA1012A/ICC17-NA1012A.MVA or
appropriate state variation including all applicable endorsements and riders by North American
Company for Life and Health Insurance?, West Des Moines, IA. Product and features/options may Not FDIC/NCUA Insured Not A Deposit Of A Bank Not Bank Guaranteed
not be available in all states or appropriate for all clients. See product materials and state availability May Lose Value Not Insured By Any Federal Government Agency
chart for further details, specific features/options, and limitations by product and state.
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
Sammons Financial? is the marketing name for Sammons? Financial Group, Inc.'s member companies, including North American Company for Life and Health Insurance?. Annuities and life insurance are
issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.
6745Z West Des Moines, IA | NorthAmericanCompany.com REV 2-22-22
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Annuity interest rates effective Feb. 22, 2022
New business guidelines
Interest rates and interest credit factors ("rates") can change after we receive applications and before we receive the premiums. In order to
qualify for a rate hold, the following must occur:
Fixed index annuities (FIAs), Must receive premium within 45 days of application Rate will be based on more favorable rates between:
? application received date
except those listed below received date. ? premium received date
Multi-year guarantee Must receive premium within 60 days of application Rate will be based on more favorable rates between:
annuity (MYGA) signed date. ? application signed date
? premium received date
If the 45th or 60th day falls on a weekend or holiday, the premium must be received on the business day before the weekend or holiday.
Rate hold only applies for the first contract year/or crediting period (first guarantee period for MYGA). For FIAs, in subsequent contract years,
rates will be declared on the contract anniversary and will align with the effective date of the contract.
Disclosures
Premium bonus: Premium bonus may vary by annuity product, premium band and surrender charge period selected and may be subject to a premium bonus recapture.
Products that have premium bonuses may offer lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins than products that
don't offer a premium bonus. Over time and under certain scenarios the amount of the premium bonus may be offset by the lower credited interest rates, lower index cap
rates, lower participation rates and/or greater index margins.
Surrender charge: A surrender during the surrender charge period could result in a loss of premium. Surrender charge structure may vary by state.
*GLWB: GLWB bonus and GLWB stacking roll-up credit are not applied to the accumulation value, only to the GLWB value, which is used to determine the lifetime payment
amount. The GLWB value is not available for withdrawal, surrender or as a death benefit. There is no GLWB stacking roll-up credit in years when a withdrawal is taken or lifetime
income payments have been elected. GLWB stacking roll-up credit is available if a required minimum distribution (RMD) is required.
Index accounts: Crediting methods such as index cap rates, participation rates, and index margins apply to index accounts only; not to the fixed account. Crediting methods
and indexes are not available on all products or in all states.
The "S&P 500?", "S&P Multi-Asset Risk Control 5% Excess Return Index", "S&P 500? Low Volatility Daily Risk Control 5% Index", "S&P 500? Low Volatility Daily Risk Control 8%
Index", and "DJIA?" are products of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have been licensed for use by North American Life and Health Insurance Company?
("the Company"). Standard & Poor's? and S&P? are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones? is a registered trademark of Dow
Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by the Company. Products
("Product") are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones
Indices does not make any representation or warranty, express or implied, to the owners of the Product or any member of the public regarding the advisability of investing in
securities generally or in this Product particularly or the ability of these Indices to track general market performance. S&P Dow Jones Indices only relationship to North American
Life and Health Insurance Company? with respect to these Indices is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones
Indices and/or its licensors. The Indices are determined, composed and calculated by S&P Dow Jones Indices without regard to North American Life and Health Insurance
Company? or the Product. S&P Dow Jones Indices has no obligation to take the needs of the Company or the owners of this Product into consideration in determining,
composing or calculating these Indices. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of {Product Name}
or the timing of the issuance or sale of this Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered
or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Product. There is no
assurance that investment products based on these Indices will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not
an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be
investment advice.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THESE INDICES OR ANY DATA RELATED
THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH
RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW
JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY NORTH AMERICAN COMPANY FOR LIFE AND HEALTH INSURANCE , OWNERS OF THE PRODUCTS, OR ANY
OTHER PERSON OR ENTITY FROM THE USE OF THE INDICES OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN
NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES INCLUDING
BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES,
WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR AGREEMENTS BETWEEN S&P
DOW JONES INDICES AND THE COMPANY, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
The Nasdaq-100?, Nasdaq-100? Index and Nasdaq? are trademarks of the Nasdaq Stock Market Inc. (which with its affiliates are the "Corporations") and are licensed for use by
North American. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The products are not issued, endorsed, sold or promoted by the
Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCTS.
The Fidelity Multifactor Yield IndexSM 5% ER (the "Index") is a multi-asset index, offering exposure to companies with attractive valuations, high quality profiles, positive
momentum signals, lower volatility and higher dividend yield than the broader market, as well as U.S. treasuries, which may reduce volatility over time. Fidelity and its related
marks are service marks of FMR LLC. Fidelity Product Services LLC ("FPS") has licensed this index for use for certain purposes to North American Company for Life and Health
Insurance (the "Company") on behalf of the Product. The Index is the exclusive property of FPS and is made and compiled without regard to the needs, including, but not
limited to, the suitability needs, of the Company, the Product, or owners of the Product. The Product is not sold, sponsored, endorsed or promoted by FPS or any other party
involved in, or related to, making or compiling the Index. The Company exercises sole discretion in determining whether and how the Product will be linked to the value of
the Index. FPS does not provide investment advice to owners of the Product, nor to any other person or entity with respect to the Index and in no event shall any Product
contract owner be deemed to be a client of FPS.
Neither FPS nor any other party involved in, or related to, making or compiling the Index has any obligation to continue to provide the Index to the Company with respect
to the Product. Neither FPS nor any other party involved in, or related to, making or compiling the Index makes any representation regarding the Index, Index information,
performance, annuities generally or the Product particularly.
Fidelity Product Services LLC disclaims all warranties, express or implied, including all warranties of merchantability or fitness for a particular purpose or use. Fidelity
Product Services LLC shall have no responsibility or liability whatsoever with respect to the Product.
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
Sammons Financial? is the marketing name for Sammons? Financial Group, Inc.'s member companies, including North American Company for Life and Health Insurance?. Annuities and life insurance are
issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.
6745Z West Des Moines, IA | NorthAmericanCompany.com REV 2-22-22
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Does Fidelity offer retirement annuities?The new product will give 401 (k) and 403 (b) participants the ability to annuitize their retirement savings. Growing interest in guaranteed income in retirement was a key reason that Fidelity will offer this product. The Secure Act has reduced the risk for employers and made it easier for them to provide annuities as a retirement plan option.