Ameritas has launched the Ameritas RateLock Multi-Year Guaranteed Annuity (MYGA), a fixed annuity that offers guaranteed interest rates for three-, five-, and seven-year periods. The new product expands the Ameritas annuity lineup for consumers seeking predictable growth as they save for retirement.
The RateLock MYGA protects principal from market volatility while offering tax-deferred growth potential and features that provide access and flexibility.
“Consumers are looking for retirement solutions that balance stability, growth potential and flexibility,” said Kelly Halverson, executive vice president, Individual division, at Ameritas. “RateLock MYGA is designed to meet those needs with guaranteed growth over a set period and options that help consumers plan with confidence.”
Key benefits include guaranteed interest rates for three-, five- and seven-year periods, protection from market volatility, tax-deferred growth potential, access to up to 10% of account value each year without surrender charges, subject to contract terms, and flexible options at the end of the guarantee period, including renewal, withdrawals or converting assets into income.
The RateLock MYGA offers competitive guaranteed rates, with rate bands based on the initial premium amount to support a range of savings needs. The product launch comes amid strength in the annuity market. Annuity sales reached a record high in the second quarter of 2026, up four per cent from the prior year, according to LIMRA.
“As the annuity marketplace continues to evolve, Ameritas is focused on offering competitive solutions that deliver value for consumers and strengthen our position for growth,” Halverson said. “RateLock MYGA reflects that commitment by expanding the choices available to consumers as they plan for the future.”
