New Annuity Rates
After assessment of the current market volatility, we have adjusted our 5-year and 7-year Annuity rates as well as our maximum approval limits. New rates will be effective on Monday, March 16, 2020. To receive the current/old rate, applications must be received or postmarked by March 15, 2020. The adjusted rate (which goes into effect on Monday, March 16th) will be applied to any applications received on or after Monday, March 16, 2020. Please note, any 1035 exchanges and applications with pending funds that are submitted prior to 3/16/2020, will receive the current/old annuity rates. Illustrations on the new rates can be run on the myKSKJ.com portal beginning 3/16/2020. We monitor the interest rate environment on a daily basis and will make appropriate adjustments as needed. Thank you for your continued partnership with KSKJ Life. Click on the button below to download the new Annuity Rate Sheet to review the adjusted rates effective 3/16/2020. |