Great American Life Introduces New Fixed Annuity Product to Respond to Current Market Volatility
Great American Life(R) is pleased to announce the availability of a new fixed annuity product. The American
The new product offers a fixed interest rate that is guaranteed for an initial three-year term. At the end of the first term, consumers have the flexibility to surrender their contract without penalty, or begin a second term, during which a new interest rate is guaranteed for an additional three years.
According to
"Last year, the S&P 500 hit an all-time high and investors were faced with a flat yield curve. Couple that with the recent extreme market volatility, and you can understand why many consumers are looking for ways to protect their retirement savings. American
Consistent with Great American Life's commitment to providing transparent products, the American
* Safety of principal
* 10% penalty-free withdrawals beginning in the first contract year
* Tax-deferred earnings
* Opportunity to receive lifetime income
For more information about the American
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