Nassau Life

Financial Ratings

AM Best B++

KBRA BBB+

About Nassau Life

Nassau Life offers 9 annuity products tracked on our platform. Nassau's MYGAs offer higher guaranteed rates than most CDs and money market accounts, combined with tax-deferred growth, flexible free withdrawal options, and valuable features like nursing home waivers and spousal continuation.

Product Lineup

MYAnnuity

Annuity

Guaranteed rates, tax-deferred growth, no market risk

Guaranteed Interest Rate3-10 year terms available

Tax-Deferred GrowthTaxes deferred until distribution

Free Annual Withdrawals0-10% annually depending on product

Principal ProtectionNo market risk

Best for: Retirees over age 60 who want guaranteed, predictable returns without market ris...

Details →

MYAnnuity 5X

Multi-Year Guaranteed

Guaranteed rates for 5 or 7 years with annual free withdrawals

Guaranteed Interest Rates2.55%–2.85% depending on guarantee period and free withdrawal election

Free Withdrawal OptionUp to 10% of contract value annually

Surrender Charge Schedule5X: 9%–5% years 1–5, then 0%; 7X: 9%–3% years 1–7

30-Day Window at MaturityNo surrender charges or MVA during this window

Best for: Retirees and near-retirees seeking guaranteed income, principal protection, and ...

Details →

Nassau Bonus Annuity

Fixed Indexed Annuity

Instant bonus + index-linked growth + lifetime income options

Premium BonusUp to 10% of premium

Index-Linked GrowthMultiple indexed account options available

Principal Protection0% floor guarantee

Free Withdrawals10% annually

Best for: Retirees and pre-retirees aged 50–80 who want to accumulate retirement savings w...

Details →

Nassau Bonus Annuity Plus

Fixed Indexed Annuity

Bonus annuity with market upside + principal protection

Premium BonusUp to 21% of premium

Indexed Account OptionsMultiple strategy choices with cap, participation, and enhanced participation rates

Free Withdrawal RolloverUp to 5% annually, accumulating to 25%

Principal Protection0% floor on index credits

Best for: Retirees and near-retirees seeking to grow retirement savings with market exposu...

Details →

Nassau Growth Annuity

Fixed Indexed Annuity

Market-linked growth + lifetime income protection

Principal Protection0% minimum credit

Indexed Account OptionsUp to 14 account choices

Crediting Strategies6 strategy types

Guaranteed Lifetime Income RidersStarting at no cost

Best for: Retirees and near-retirees seeking to accumulate retirement savings with market ...

Details →

Nassau Income Accelerator

Fixed Indexed Annuity

Flexible Lifetime Income + Market Upside Protection

Income Horizon: EarlyIdeal for immediate retirement income needs

Income Horizon: LaterMaximizes income growth through deferral

Flex-Forward Income BenefitBridge retirement gap before Social Security; max out early years

Income Benefit Base Bonus & RollupsIncome Benefit Base can grow from $100,000 to $240,000+ in 10 years

Best for: Retirees and near-retirees seeking guaranteed lifetime income with flexibility t...

Details →

Nassau Personal Income Annuity

Fixed Indexed Annuity

Guaranteed income for life with market-linked growth

Guaranteed Lifetime Income RidersRider fee of 0.95% of Benefit Base annually

Principal Protection0% floor guarantee

Indexed Account Options10+ account strategies with 1- or 2-year segments

Free Withdrawals10% annually for 10 years (9 in CA)

Best for: Retirees and pre-retirees seeking guaranteed lifetime income, market upside part...

Details →

Nassau Personal Protection Choice

Fixed Indexed Annuity

Guaranteed income + indexed growth + long-term care protection

Income Protection RiderUp to 45% income bonus or 14% annual growth

Indexed Accounts16 account choices

Principal Protection87.5% of premium at TGV rate

Care Protection Rider125-250% of income benefit, varies by age

Best for: Retirees or near-retirees age 0-80 seeking guaranteed lifetime income combined w...

Details →

Simple Annuity

Multi-Year Guaranteed

Guaranteed rates. Predictable growth. Flexible access.

Guaranteed Interest Rates5.00% (4-year) / 5.25% (6-year) as of 4/1/2026

Free Annual Withdrawals5% annually

Flexible Renewal30-day decision window

RMD-Friendly1 free RMD per contract year

Best for: Retirees and near-retirees who want guaranteed income, predictable growth, and a...

Details →

Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

B++

Description

Good

Effective

February 14, 2024

Rating Analysis

Nassau Life Insurance Company, a subsidiary of Nassau Financial Group, holds a Financial Strength Rating (FSR) of B++ (Good) from AM Best, indicating a good ability to meet its ongoing insurance obligations. In February 2024, AM Best revised the outlook for Nassau's Long-Term Issuer Credit Ratings to positive, reflecting confidence in the company's financial stability and operational performance.