Genworth is excited to announce additional rate/cap INCREASES. Please read carefully:
The following increases are effective Immediately:
(NOTE: This is a special deviation from our normal routine of making changes effective on Wednesdays)
Index 7- point to point @100K 5.75 & bailout at 5.25%
Index 10 Plus- point to point @100K 4.50 & bailout at 4.00%
All other strategies are increasing as well.
Also increasing are SPDAs:
Independence, Liberty, Rate Saver, and SmartRate- All guarantee periods & bailouts where applicable!
Funds received Monday or later will receive the new caps/rates in effect on Monday. Exchanges & Transfers lock in Caps/Rates on the app signed date, but Genworth will lock rates for 60 days & give higher rates if they’ve gone up when funds are received (for Genworth initiated exchanges/transfers).
Don’t forget: Product specific annuity training is now required in ALL states for ALL Index Annuity Sales. Training can be found at www.genworth.com/annuityproducertraining.
Call WealthVest today for more information – 877.595.9325.