July Annuity Rates Update

Most NGA Group B and C Rates Increased; Select PIA, PPC Rates Increased; Rates Unchanged for All Other Nassau Annuities

Effective July 1, 2023, we are increasing Nassau Growth Annuity® (NGA) rates in Group B and C on all participation and enhanced participation rate with strategy fee indexed accounts and all one-year fixed account rates.

We are also increasing 1-year S&P® 500 cap rates and 1-year fixed account rates for Nassau Personal Income Annuity® and Nassau Personal Protection Choice® for all state groups.

We are maintaining rates for all other fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs).

Nassau Growth Annuity Rates Increase Highlights

10-Year Contracts Group B and C (9 Years in CA): Rates Up To¹

      ⬆️  1-Year S&P 500 Par


      ⬆️  1-Year S&P 500 Par w/Fee


      ⬆️  2-Year S&P 500 Par


      ⬆️  2-Year S&P 500 Par w/Fee


      ⬆️  2-Year Nasdaq-100® Par w/Fee



      ⬆️  1-Year Fixed Account


Find Out More

Specific product rates are available by clicking the links below.

Nassau Bonus Annuity
Nassau Growth Annuity
Nassau Personal Income Annuity
Nassau Personal Protection Choice
Nassau MYAnnuity 5X/7X
Nassau Simple Annuity

Feel free to bookmark our Annuity Rates Page to reference the current month’s rates and check back anytime. For questions, please call us at 888-794-4447 (option 1) or contact us online.

Important Details & Disclosures

1. Rates effective July 1, 2023. Rates shown for 10-year surrender charge schedule contracts in Group B States and 9-year surrender charge schedule contracts in Group C (California). Participation rate w/fee accounts currently include a 1.00% annual strategy fee that applies in each year of the index term (subject to change). Account rates are set at the beginning of each account segment and subject to change for future segments. Dividend payments and distributions are not received from any index. While the value of each indexed account is affected by the value of an outside index, the contract does not directly participate in any stock, bond or equity investment. We may change, add or eliminate indexed accounts. Multi-year accounts are not available in New Hampshire. Other state variations may apply.

Nasdaq® and Nasdaq-100® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Nassau. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

The “S&P 500 Index” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Nassau Life and Annuity Company and its affiliates (collectively, “Nassau”). Standard & Poor’s®, S&P 500® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed and sublicensed for use by SPDJI and Nassau, respectively. Nassau products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

For Producer Use Only.
 Not for use with the general public or consumers as sales literature.

Product features, rider options, and availability may vary by state. Product sales must be appropriate based on a comprehensive evaluation of the customer’s financial situation, needs, and objectives. Guarantees are based on the claims-paying ability of the issuing company. Nassau does not provide financial, investment or tax advice or act as a fiduciary in the sale or service of its products. Nassau reserves the right to revise declared rates at any time.

Insurance Products: NOT FDIC or NCUAA Insured | NO Bank or Credit Union Guarantee.

Nassau Growth Annuity (19FIA3, ICC19FIA3N), Nassau Bonus Annuity (19FIA3, ICC19FIA3, 19GLWB3, ICC19GLWB3.1), Nassau Personal Income Annuity (ICC19EIAN,19FIA and19ISN) and Nassau Personal Protection Choice (ICC19EIAN, 19FIA and 19RN) single premium deferred fixed indexed annuities, and Nassau MYAnnuity 5X/7X (18IFDAP and ICC18IFDAP/ICC18IFDANP) and Nassau Simple Annuity (18FADTCP and ICC18FADTCP) single premium deferred fixed annuities are issued by Nassau Life and Annuity Company (Hartford, CT). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Nassau Life and Annuity Company is not authorized to conduct business in ME and NY, but that is subject to change. In New York, Nassau MYAnnuity 5X (Form17IMGA) single premium deferred fixed annuities are issued by Nassau Life Insurance Company (East Greenbush, NY). Nassau Life and Annuity Company and Nassau Life Insurance Company are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations.


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Anthony LaRosaJuly Annuity Rates Update