Strategy
American Fidelity Guaranteed Interest Account Option - The Guaranteed Interest Account Option is an investment option within our General Account where the principal and a minimum rate of interest are guaranteed, subject to the claim paying ability of American Fidelity Assurance Company. The account is actually a fixed annuity option (insurance contract). Interest is credited and compounded daily in order to pay an annual effective rate. Higher rates of interest in line with the interest rate environment can be paid at our discretion.
Fixed Investment Option Features
Minimum rate of return: | 1.00% |
|---|---|
Guaranteed minimum interest rate is good for: | Life of the contract |
Interest rate as of January 1, 2016: | 1.00% |
How often the rate can change: | Daily. |
Market Value Adjustment: | NA |
Restrictions that apply to this fixed account: | |
| How often funds can be transferred into fixed Option from other options within this product: | 12 per year without charge. After 12 free transfers, fee of $25.00 or 2% of amount transferred. |
| How often funds can be transferred out of this fixed option into other options within this product: | 12 per year without charge. After 12 free transfers, fee of $25.00 or 2% of amount transferred. |
| Other Features: |
