Single Premium Annuities

Earn More For You!

1 Year Term

2 Year Term

3 Year APY*

2.25%

2.75%

3.00%

   

5 Year APY*

8 Year APY*

10 Year APY*

3.75%

4.00%

4.25%

 Rate change effective Aug. 1, 2010.

Guaranteed rate is 3% on the three, five, eight and ten year plans. 

Our tax Deferred annuities can put more in YOUR pocket.

*A current APY (Annual Percentage Yield) means that Western Catholic Union intends to pay this APY only for the period the annuity is subject to a withdrawal charge. This APY is not guaranteed and can fluctuate up or down during the withdrawal charge period. If you purchase an annuity from Western Catholic Union it will have a minimum guaranteed interest rate of 3%. This means even if the current APY decreases during the withdrawal charge period, the guaranteed interest rate, not the current APY, for your annuity will never drop below the 3% stated in the certificate during the term of the annuity.

10 - Year Surrender Charge Plans
- Currently yielding 4.25%*

  • Includes Qualified and Non-Qualified, IRA, and Roth
  • Above plan is not guaranteed. The guaranteed interest rate is 3.00%.
  • May be added to anytime within the first 90 days
  • 10 year declining surrender charge
  • Surrender charges Yr 1-10%, Yr 2-9%, Yr 3-8%, Yr 4-7%, Yr 5-6%, Yr 6-5%, Yr 7-4%, Yr 8-3%, Yr 9-2%, Yr 10-1% Yr 11-0%
  • 10% free withdrawal each year

This plan may include the following Fraternal Benefits:

  • 5% additional free withdrawal each year
  • Single Premium: Low minimum deposit of $1,000
  • Medical expense benefit withdrawal allowed (no fee)
  • Terminal illness benefit (no fee)
  • Nursing home benefit (no fee)

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8 - Year Surrender Charge Plans
- Currently Yielding 4.00%*

  • Includes Qualified and Non-Qualified, IRA, and Roth
  • Above plan is not guaranteed. The guaranteed interest rate is 3.00%.
  • May be added to anytime within the first 90 days
  • 8 year declining surrender charge
  • Surrender charges Yr 1-8%, Yr 2-7%, Yr 3-6%, Yr 4-5%, Yr 5-4%, Yr 6-3%, Yr 7-2%, Yr 8-1%, Yr 9-0%
  • 10% free withdrawal each year

This plan may include the following Fraternal Benefits:

  • 5% additional free withdrawal each year
  • Single Premium: Low minimum deposit of $1,000
  • Medical expense benefit withdrawal allowed (no fee)
  • Terminal illness benefit (no fee)
  • Nursing home benefit (no fee)

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5 - Year Surrender Charge Plans
- Currently Yielding 3.75%*

  • Includes Qualified and Non-Qualified, IRA, and Roth
  • Above plan is not guaranteed. The guaranteed interest rate is 3.00%
  • May be added to anytime within the first 90 days
  • 5 year declining surrender charge
  • Surrender charges Yr 1-9%, Yr 2-7%, Yr 3-5%, Yr 4-3%, Yr 5-1%, Yr 6-0%
  • 10% free withdrawal each year

This plan may include the following Fraternal Benefits:

  • 5% additional free withdrawal each year
  • Single Premium: Low minimum deposit of $1,000
  • Medical expense benefit withdrawal allowed (no fee)
  • Terminal illness benefit (no fee)
  • Nursing home benefit (no fee)

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3 - Year Surrender Charge Plans
- Currently Yielding 3.00%*

  • Includes Qualified and Non-Qualified, IRA, and Roth
  • Above plan is not guaranteed. The guaranteed interest rate is 3.00%.
  • Low start up deposit of $1,000
  • May be added to anytime within the first 90 days
  • 30-day window of opportunity to withdraw at the end of the 3 years.
  • 3 year declining surrender charge
  • Surrender Charges: Yr 1-9%, Yr 2-7%, Yr 3-5%, Yr 4-3%, Yr 5-1%, Yr 6-0%
  • 10% free withdrawal each year.
  • If not withdrawn or renewed, the annuity will continue as a 5-Year contract at the then assigned yield

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2 -Year yielding 2.75%

  • Includes Qualified and Non-Qualified, IRA, and Roth
  • Low start up deposit of $1,000
  • 30-day window of opportunity at the end of the 2 years to select an available option or money will be paid out in lump sum.
  • 10% free withdrawal each year. 

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1 - Year yielding 2.25%

  • Includes Qualified and Non-Qualified, IRA, and Roth
  • Low start up deposit of $1,000.
  • 30-day window of opportunity to withdraw at the end of the 1 year or to select an available option at that time.
  • 10% free withdrawal each year.

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All annuity plans offered by Western Catholic Union have the following benefits:

  • No annual administration fees, no sales charge
  • May be annuitized at any time and at no charge
  • Single Premium Deferred Annuities may be added to within the first 90 days of issue.
  • Supported by high investment quality bonds Rates were effective July 1, 2008.

* A current APY (Annual Percentage Yield) means that Western Catholic Union intends to pay this APY only for the period the annuity is subject to a withdrawal charge. This APY is not guaranteed and can fluctuate up or down during the withdrawal charge period. If you purchase an annuity from Western Catholic Union it will have a minimum guaranteed interest rate of 3%. This means even if the current APY decreases during the withdrawal charge period, the guaranteed interest rate, not the current APY, for your annuity will never drop below the 3% stated in the certificate during the term of the annuity.