What is the minimum guaranteed surrender value for American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

Palladium® MYG–NY is a Single Premium Deferred Annuity (SPDA) issued in New York that credits a fixed interest rate for the duration of the selected guarantee period. The owner makes a one-time premium payment and selects an available multi-year guarantee term, during which interest is credited daily on a 365-day basis and grows tax-deferred. For New York contracts, during the first contract year, the owner may withdraw interest only without surrender charges or market value adjustment. Beginning in contract year two, the policy allows annual penalty-free withdrawals of up to 10% of the contract value. Withdrawals in excess of this amount may be subject to surrender charges and, where applicable, a Market Value Adjustment (MVA). At the end of the guarantee period, the contract provides a 30-day window during which the owner may withdraw the full contract value without surrender charges, renew the contract at the declared renewal rate, or take other permitted actions under the policy.

What is the minimum premium amount for American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The minimum premium amount is $5,000.

What is the maximum issue age for American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The current interest rate is 3.05%.

What is the surrender charge schedule for American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

Declining, 10-year schedule applies to all guarantee terms. Representative 10-year schedule published for Palladium MYG: 8%, 8%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%. (NY comparison sheet confirms the 10-year period; schedule percentages from carrier literature commonly used for the series.)

What are the best rates available for American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The best available rate is 4.15% for a 10 year term.

American National Life Insurance Company

American National Palladium® MYG New York (3-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)

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.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	3.15%
5 Years	3.35%
6 Years	3.75%
7 Years	4.05%
10 Years	4.15%

Available Guarantee Periods

Rates are based on current simulation settings with premium 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	3.3%

Features
Maximum Issue Age	90 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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