Product Details
Product Name
Nassau Athos Annuity Group A
Annuity Type
FIA
Issuing Insurance Company and Ratings
Nassau Life Insurance Company
Ratings
A.M. Best
B++
5th of 15
Standard & Poor's
N/A
N/A
Fitch
BB+
11th of 19
Product Information
The Nassau Athos Annuity Group A is a single-premium fixed indexed annuity with a 10 year surrender charge period, an MVA provision. The Nassau Athos Annuity Group A also includes a First Year Premium Bonus of 12% which vests over a 10-Year Vesting Schedule.
Key Features
Premium Types: Single
Minimum Premium: 15,000
Maximum Premium: 1,000,000
Free Look Period: 30 Days
Rate Lock Period: 60 Days
Tax-Qualified: IRA, NonQual, SEP IRA, IRA-Roth, IRA-Simple
Rates
Effective Date: 01/11/2025
Initial Guarantee Period: Fixed Rate 1 Year
Next Change: N/A
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Effective Date: 01/11/2025
Next Change: N/A
Initial Guarantee Period: Fixed Rate 1 Year
Premium Amount: 15,000 - 1,000,000
Current
1 Year Guarantee Period Annual Yield:
3%
Interest rate start of year 1 through end of year 1:
3%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Flexible Premiums Not Accepted
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
AL AR AZ CO DC IA IL IN KS MI MS NC ND NE NM NV OK SD TN VT WV WY
Withdrawal Provisions
First Year Withdrawals: No
Withdrawal Years 2+: 7%
Wait Period Interest Only : 1 Year
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $15,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $250
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 80
Premium Limits: Flexible Premiums Not Accepted
State Restrictions: N/A