MYGA Single Premium
Available in IA, IL, MD, MO, OH, PA, TX, WV, & WI
5- Year MYGA
4.50%
4- Year MYGA
4.35%
3- Year MYGA
4.20%
APY (Annual Percentage Yield) shown is guaranteed for the term of the annuity. APY is determined at the time of issue and will not change.
Product Features:
- Available in 3 year, 4 year or 5 year term
- Available in both qualified and non-qualified (including ROTH)
- Joint spousal ownership available on non-qualified
- Issue Ages 0-90 (4 or 5 year term)
- Issue Ages 0-96 (3 year term)
- Minimum premium $10,000
- Interest compounded daily
- Tax deferred growth
- Death benefit is full account value
- 10% penalty free withdrawal allowed each contract year
- Distributions above the penalty free amount are subject to a 8% fee in the first year. The fee decreases by 1% in each subsequent year. No surrender penalties after the initial term.
Surrender Charge Waiver Provisions Included:
This provision waives the surrender charge on partial withdrawals up to varying percentages of the fund value for the occurrence of one of the following events:
- Nursing home benefit – up to 50% of fund value
- Only available for issue ages 80 & younger
- Must be confined to nursing home for at least 90 days
- Unemployment – up to 50% of fund value
- Only available for attained ages 64 & younger
- Occurrence of a heart attack – up to 25% of fund value
- Diagnosis of internal cancer – up to 25% of fund value
NOTE: These provisions only apply in certificate years 2 and later and are limited to a single episode of one of these provisions.
Rates effective 7/1/2025. Annuity rates subject to change. Consult a tax advisor to determine any tax implications.