North American Company
Income Pay Pro 10
Rates and specifications only. Our editorial review of this product hasn't been written yet, so there's no star rating or verdict here — the figures below come straight from the carrier's filed rates. We don't hold this carrier's brochure for this product yet, so the specifications below are limited to what the rate filing carries.
Type
FIA
Surrender
10 years
Top yield
0.47%
A.M. Best
A+
Current Rates
Yield shown is the guaranteed yield to surrender — the honest effective return, not a first-year teaser rate. Each row is a variant of the same product.
| Strategy | Method | Rate | Cap | Par | Yield to surrender |
|---|---|---|---|---|---|
| 1 Year Fixed Account | Fixed | 2.50% | — | — | 0.47% |
| 1 Year Goldman Sachs Equity TimeX Index Point to Point Participation Rate | Point to Point | — | — | 55.00% | 0.23% |
| 1-Year Barclays Transitions 12 VC Point-to-Point with Participation Rate | Point to Point | — | — | 50.00% | 0.23% |
| 1-Year Barclays Transitions 6 VC Point-to-Point with Participation Rate | Point to Point | — | — | 100.00% | 0.23% |
| 1-Year Fidelity Multifactor Yield 5% ER Point-to-Point with Participation Rate | Point to Point | — | — | 105.00% | 0.23% |
| 1-Year Morgan Stanley Dynamic Global Point-to-Point with Participation Rate | Point to Point | — | — | 110.00% | 0.23% |
| 1-Year S&P 500 Point-to-Point with Index Cap Rate | Point to Point | — | 5.00% | — | 0.23% |
| 1-Year S&P 500 Point-to-Point with Participation Rate | Point to Point | — | — | 25.00% | 0.23% |
| 1-Year S&P MARC 5% ER Point-to-Point with Participation Rate | Point to Point | — | — | 100.00% | 0.23% |
| 2 Year Goldman Sachs Equity TimeX Index with Participation Rate | Point to Point | — | — | 80.00% | 0.23% |
| 2-Year Barclays Transitions 12 VC Point-to-Point with Participation Rate | Point to Point | — | — | 75.00% | 0.23% |
| 2-Year Barclays Transitions 6 VC Point-to-Point with Participation Rate | Point to Point | — | — | 150.00% | 0.23% |
| 2-Year Fidelity Multifactor Yield 5% ER Point-to-Point with Participation Rate | Point to Point | — | — | 155.00% | 0.23% |
| 2-Year Morgan Stanley Dynamic Global Point-to-Point with Participation Rate | Point to Point | — | — | 155.00% | 0.23% |
| 2-Year S&P 500 Point-to-Point with Participation Rate | Point to Point | — | — | 35.00% | 0.23% |
| 2-Year S&P MARC 5% ER Point-to-Point with Participation Rate | Point to Point | — | — | 145.00% | 0.23% |
| Monthly S&P 500 Point-to-Point with Index Cap Rate | Point to Point | — | 1.85% | — | 0.23% |
Surrender Schedule
Yr 1
10%
Yr 2
10%
Yr 3
9%
Yr 4
9%
Yr 5
8%
Yr 6
8%
Yr 7
7%
Yr 8
6%
Yr 9
4%
Yr 10
2%
Product Specifications
- Minimum premium (non-qualified)
- $20,000
- Minimum premium (qualified)
- $20,000
- Maximum issue age
- 79
- Free withdrawal
- 10%
- Free withdrawal (year 1)
- 10%
- Market value adjustment
- Yes
- Return of premium
- No
- States available
- 50 states
Income Riders
Income Pay Pro 10 Increasing Guarantee Lifetime Withdrawal BenefitGLWB
Roll-up: 8.00%
Withdrawal age: 50.0 Min
Income Pay Pro 10 Level Guarantee Lifetime Withdrawal Benefit
Roll-up: 8.00%
Withdrawal age: 50.0 Min
Rates are a snapshot and change frequently. Figures are sourced from the carrier's filed rates via Annuity Rate Watch and refreshed nightly. Nothing here is a recommendation to buy. Annuities are issued by insurance companies and are not guaranteed by any bank or the FDIC. See our legal & disclosures.