NEW 3.25% Interest Rate through Auto-Owners Annuities

Auto-Owners Life Insurance Company just raised the interest rate on their Item 501 Deferred Annuities to 3.25%.  The Item 501 Annuity product includes a six year interest rate lock on “new money” going into the policy.  Non-qualified money going is does not have any contribution limitations like the older Item 300 or 301 annuities.  So you can now get a 3.25% interest rate lock on as much non-qualified cash you as like.

The Item 501 can also be set up as a Traditional IRA or a Roth IRA, where contributions may be tax deductible.  IRS contribution rules and limits would apply to these products unlike the Non-qualified options.

If you are looking to pull back from the unpredictability of the current market call Beck Insurance Agency at 419-446-2777, email us at help@beckinsurance.com, or click here to submit your inquiry.