Choose A MYGA Rate Guarantees - 3, 5, 7 or 10 Years
Basic Details & Features
- Interest Rates:
3 Year: 2.60% ($100,000+ Premium), 2.50% ($15,000 - $99,999)
5 Year: 3.00% ($100,000+ Premium), 2.90% ($15,000 - $99,999)
7 Year: 3.10% ($100,000+ Premium), 3.00% ($15,000 - $99,999)
10 Year: 3.10% ($100,000+ Premium), 3.00% ($15,000 - $99,999) - Guaranteed Periods: 3, 5 7 or 10 Years
- Surrender Charges +/- MVA:
3 Years: 9.4%, 8.5%, 7.5%*
5 Years: 9.4%, 8.5%, 7.5%, 6.5%, 5.5%*
7 Years: 9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5% *
10 Years: 9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%, 2.5%, 1.5%, 0.5% *
*30 Day free exit window after term then repeats from year 1 - Deposit: $15,000 Minimum - $1.000.000 Maximum
- Issue Age:
3 and 5 Year: 0-93
7 Year: 0-90
10 Year: 0-80
Mary vary by state - States NOT approved in: CA, NY
- Free Withdrawal:
Interest payments OK immediately (NO 10% Avail)
First 30 days of each subsequent surrender charge period
Regularly scheduled payments of interest earnings
Required minimum distribution - Death Benefits: Full Death Benefit
- Commission:
3 Year: 1.50% (0-80), 0.75% (81-85), 0.50% (86-93)
5 Year: 2.00% (0-80), 1.00% (81-85), 0.77% (86-93)
7 Year: 2.00% (0-80), 1.00% (81-85), 0.77% (86-90)
10 Year: 3.00% (0-80) - Waivers: Terminal conditions & Nursing home residency