Simple Interest MYG Annuity

Company Ratings: 

• (A-) by AM Best 

SIMPLE Interest Rates (not compounded)

$100,000+: 

• 5.80% For 3 Years (5.49% compound equivalent)
• 6.45% For 5 Years (5.75% compound equivalent)
• 6.70% For 7 Years (5.65% compound equivalent)
• Above rates allow only RMD withdrawals

$10,000 - $99,999: 

• 5.55% For 3 Years (5.27% compound equivalent)
• 6.20% For 5 Years (5.55% compound equivalent)
• 6.45% For 7 Years (5.47% compound equivalent)
• Above rates allow only RMD withdrawals

Rates are reduced if selecting the 10% free withdrawal rider:

$100,000+: 

• 5.50% For 3 Years (5.22% compound equivalent)
• 6.05% For 5 Years (5.43% compound equivalent)
• 6.20% For 7 Years (5.28% compound equivalent)
• Above rates include 10% Liquidity Rider

$10,000 - $99,999: 

• 5.25% For 3 Years (5.00% compound equivalent)
• 5.80% For 5 Years (5.22% compound equivalent)
• 5.95% For 7 Years (5.10% compound equivalent)
• Above rates include 10% Liquidity Rider

Not approved in these states: 

• AK, DC, GU, MA, MI, NH, NY, PR, VI, VT

Surrender Charges (+/- MVA):

• 3-Years:  8.50%, 8.00%, 7.00%, 0.00% thereafter
• 5-Years: 8.50%, 8.00%, 7.00%, 6.00%, 5.00% ,4.00%, 3.00%, 0.00% thereafter
• 7-Years:  8.50%, 8.00%, 7.00%, 6.00%, 5.00%, 4.00%, 3.00%, 0.00% thereafter

Minimum/Maximum Deposit:

• $10,000 to $2,000,000

Issue Age: 

• 0-85

Free Withdrawal (choose one): 

• No free withdrawals available. If elected, any withdrawals, excluding RMDs, may be subject to withdrawal charges and market value adjustment. In exchange for a rate reduction for the entire GOP term, 10% free withdrawals are available annually based on the Accumulated Value at the beginning of the most recent Contract Year. 
• The rate reduction for selecting the 10% free withdrawal rider is
  - 0.30% for the 3-Year
  - 0.40% for the 5-Year
  - 0.50% for the 7-Year 

Death Benefit: 

• Full Account Value

Riders: 

•  Extender Care Waiver 
•  Terminal Illness Waiver 

Commissions:

• 3 Year: 1.50% (0-80) | 0.75 (81-85)
• 5 Year: 2.50% (0-80) | 1.00 (81-85)
• 7 Year: 2.50% (0-80) | 1.00 (81-85)