Allianz Annuity Product ChangesAnnuity Department
The following changes are scheduled to be effective September 8, 2020:
Allianz Benefit ControlSM Annuity
- Premium bonus increasing to 15%.
- Positive rate changes
- Current allocation charge will increase to 0.95% on all indexed allocations except monthly sum.
Allianz 222® Annuity
- Lifetime withdrawal percentages are decreasing by 0.50% for single and joint life.
- Rate changes
- Current allocation charge will remain 0.00% on all indexed allocations.
Allianz 360SM Annuity and 360 Benefit rider
- Level Income and Increasing Income base withdrawal percentages are decreasing by 0.25% for single and joint life.
- Current rider charge will increase from 1.20% to 1.30%.
To get help with new illustrations or for more information, call 800-568-5667 or email us at [email protected]