Annuity Products and Rates
CURRENT RATES Effective 4th Quarter:
* 8-yr Annuity (1st Year of New Contracts): 6.5% * 8-yr Annuity (Existing Accounts): 4.25% *
* 5-yr Annuity: 4.0% * 3-yr Annuity: 5.00% *
Preferred 8
Eight Year Deferred Annuity- 6.50% APY** Rate for 1st Year of New Contracts
- 4.25% APY** Current Interest Rate
- 2.00% Minimum Lifetime Guarantee
- 8 year declining surrender charge
- Minimum Deposit of $1,000 or $90/month
- Maximum Deposit of $1,000,000
- Additional deposits accepted any time – $25.00 Minimum
- 10% free withdrawal per contract year
Preferred 5
Five Year Deferred Annuity- 4.00% APY** Current Interest Rate
- 2.00% Minimum Lifetime Guarantee
- 5 year declining surrender charge
- Minimum Deposit of $1,000 or $90/month
- Maximum Deposit of $1,000,000
- Additional deposits accepted any time – $25.00 Minimum
- 10% free withdrawal per contract year
Optimum 3
Three Year Deferred Annuity- 5.00% APY** Current Interest Rate
- 2.00% Minimum Lifetime Guarantee
- 3 year declining surrender charge
- Minimum Deposit of $1,000 or $90/month
- Maximum Deposit of $1,000,000
- Additional deposits accepted any time – $25.00 Minimum
- 10% free withdrawal per contract year
Single Premium
Immediate Annuity- Interest Rate is current rate at time of application
- Minimum Deposit of $10,000
NSS Life Annuities Meet All Your Needs!
- Maximum Deposit Limitations May Apply on all Annuities
- Hard-to-beat Interest Rates
- No Sales or Administrative Fees
- Supported by High-Quality Investments
- All products are available as Qualified or Non-Qualified plans
- Qualified Plans: IRA, Roth IRA, SEP, TSA or Coverdell
- May be Annuitized at Any Time with No Charge
- If Annuitized, there is a minimum 5-year payout
Interest rates for new issues are subject to change
APY means Annual Percentage Yield
Download PDF Brochure
Our Brochure offers specific Annuity information to answer your questions.
Frequently Asked Questions
Here are a few of our most commonly asked questions about Annuities.
What is a NSS Annuity?
It’s a contract between you and us that provides you with a guaranteed future income in exchange for payments you make to your account. It’s a long term way of planning for the future, particularly for your retirement. Both IRS Qualified and Non-qualified annuities are available in a NSS Annuity contract.
Is my Annuity money safe with NSS Life?
Annuity deposits are protected by the total resources of the National Slovak Society; with assets in excess of $1.75 billion dollars and growing. Information on NSS Life solvency can be readily obtained from the Pennsylvania Insurance Department or independent CPA firms who make annual audits.
How do I become a Member?
All you need to do is to purchase either a life insurance policy or a NSS annuity. As long as you maintain an active policy with the NSS, you will remain a member of the Society.
Why should I purchase a NSS Annuity?
There are three very good reasons for you to consider purchasing a NSS annuity:
- You will earn one of the most competitive interest rates in the industry and there will be no charges, unless you withdraw funds early;
- Purchasing a NSS annuity gives you membership in the oldest Slovak fraternal in the United States, complete with all the fraternal programs and activities it provides;
- A NSS Life fixed annuity is guaranteed positive investment growth, with a guaranteed minimum interest rate.
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