Minimum Standard Nonforfeiture Rate – Green Light, Red Light
By EsqSocial Corporation 12/05/21
In December 2020, by amending the Standard Nonforfeiture Law for Individual Deferred Annuities (Model 805), the NAIC gave the green light to lower the minimum standard nonforfeiture rate to 0.15% in response to the persistent low interest rate environment....
By: Carlton Fields