Fixed Account Rate Changes
Effective January 1, 2023, we are increasing the fixed crediting rates as follows:
- Income Advantage IUL fixed account rate will increase 0.50% from 3.00% to 3.50%
- Life Protection Advantage IUL fixed account rate will increase 0.50% from 2.75% to 3.25%
- IUL Express fixed account rate will increase 0.50% from 2.75% to 3.25%
These rates change will apply to newly issued policies, as well as to any new premiums received on in force policies. Your WinFlex illustration software will automatically update to reflect the new fixed account rate on January 1st.
There will be no changes to IUL cap or participation rates. All IUL fixed account money will start receiving the new rates on January 1, 2023.
At United of Omaha, we continue to be transparent in our rate setting. All crediting rates, as well as renewal participation rates and cap rates are published monthly on the Indexed UL page on our Sales Professional Access producer website. Here are the most recent versions of our Income Advantage Historical Crediting and Renewal Rate Flyer, Life Protection Advantage Historical Crediting and Renewal Rate Flyer, and IULE Historical Crediting and Renewal Rate Flyer.
If you have any questions regarding the upcoming changes, please contact your Life Sales Director or Account Executive.