Ameritas Launches RateLock Multi-Year Guaranteed Annuity
Ameritas has introduced the RateLock Multi-Year Guaranteed Annuity (MYGA), a fixed annuity product designed to provide predictable growth through guaranteed interest rates over three-, five-, and seven-year terms. The product aims to protect principal from market volatility while offering tax-deferred growth and liquidity features, such as access to 10% of the account value annually without surrender charges. The launch occurs during a period of significant expansion in the annuity sector; according to LIMRA data, U.S. annuity sales reached a record $123.9 billion in the second quarter of 2026, marking a 4% year-over-year increase. By expanding its product lineup, Ameritas seeks to capture more market share among consumers prioritizing stability and flexible retirement planning solutions.
Topics: annuity launch financial services fixed annuity retirement products