News & Announcements
Annuity Interest Rates Updated
Greg Felton, CLU, ChFC, Sales Director
gfelton@nsslife.org
Greetings from the Sales department.
Effective September 1, 2022, the board of directors have approved an increase to the interest rate on all current products being sold by 25 bps and the Preferred 8 by 50 bps.
The newly updated rates are as follows:
| Annuity Product | Current Rate | Guarantee Min. Rate | Max $ Per Year |
| Preferred 8 | 4.00% | 2.0% | $250,000 |
| Preferred 5 | 3.25% | 2.0% | $250,000 |
| Optimum 3 | 2.25% | 2.0% | $100,000 |