Investment Detail
Strategy
Provide a guaranteed fixed interest account .Fixed Investment Option Features
Minimum rate of return: |
1.00%
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Guaranteed minimum interest rate is good for: |
life of the contract
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Interest rate as of January 1st of Current Year: |
1.45%
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How often the rate can change: |
The current interest rate changes on January 1 and July 1 of each year.
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Market Value Adjustment: |
None
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Restrictions that apply to this fixed account: |
If money is transferred from the Horace Mann Group Unallocated Fixed Annuity are not permitted into a competing fund (short term bond, money market, etc). Transfers to a non-competing fund must be held for 90 days before transferring to the competing fund.
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How often funds can be transferred into fixed
Option from other options within this product:
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Unlimited
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How often funds can be transferred out of this
fixed option into other options within this product:
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Unlimited
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Other Features:
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