Current Annuity Rates
The SNPJ Loyalty 8 Annuity
| Yield | Description |
|---|---|
| 5.50% | First-year Guarantee Rate for New Money |
| 3.50% | Rate in Years 2 and After |
| Conversions of existing SNPJ Annuities available at first-year rates |
| Penalty for Early Withdrawal | |
|---|---|
| Year 1 | 8% |
| Year 2 | 8% |
| Year 3 | 7% |
| Year 4 | 6% |
| Year 5 | 5% |
| Year 6 | 4% |
| Year 7 | 3% |
| Year 8 | 2% |
The SNPJ Loyalty 5 Annuity
| Yield | Description |
|---|---|
| 5.00% | First-year Guarantee Rate for New Money |
| 3.25% | Rate in Years 2 and After |
| Conversions of existing SNPJ Annuities available at first-year rates |
| Penalty for Early Withdrawal | |
|---|---|
| Year 1 | 8% |
| Year 2 | 7% |
| Year 3 | 5% |
| Year 4 | 4% |
| Year 5 | 2% |
Effective January 1, 2023, existing SNPJ Annuities issued since September 2003 will see a rate increase as follows:
3.50% for the SNPJ 8-year Annuity
3.25% for the SNPJ 5-year and 2-year Annuities
