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Active Product: American National – Palladium® MYG New York
American National – Palladium® MYG New York
About this product
The American National Palladium® MYG (New York) is a single-premium fixed deferred annuity issued by American National Life Insurance Company of New York that provides guaranteed, tax-deferred interest growth with full principal protection over a selected multi-year guarantee period. Designed specifically for New York–issued contracts, Palladium® MYG–NY offers fixed, contractually guaranteed interest rates for terms generally ranging from 3 to 10 years (subject to availability). It is intended for conservative clients seeking predictable accumulation, protection from market volatility, and a simple annuity structure governed by New York insurance regulations.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 3 Years | 3.15% |
| 5 Years | 3.35% |
| 6 Years | 3.75% |
| 7 Years | 4.05% |
| 10 Years | 4.15% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $5,000.00 - $99,999.00 | 3.05% |
| $100,000.00 - $249,999.00 | 3.15% |
| $250,000.00 - $1,000,000.00 | 3.30% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (65), the following guarantee period will be applied:
| Guarantee Period | 10 years |
| Rate | 4.15% |
| Age | 55 - 65 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 3 |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
Life Income Only
Payments for the rest of your life, stopping upon death
Period Certain
Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
Life with Period Certain
Lifetime payments with a minimum guaranteed period
Joint Life
Payments continue for both you and your spouse's lifetimes
Systematic Withdrawal
Regular withdrawals of a specified amount or percentage