MYGA That offers 3.20% and a Unique Bail-Out Feature!
not available in all states
This annuity guarantees the Initial Crediting Rate for one year. In contract years 2-6 all Early Surrender Charges will be waived for 60 days after the contract Anniversary if the renewal rate is below the Bailout Rate. This gives you the ability to reposition your money if rates are lowered on your annuity. In addition, earned interest is not taxable until withdrawn.
FEATURES:
Guarantee Period : 1 year Bailout Rate: Initial Crediting Rate for contract years 2-6 Minimum Guaranteed Rate: 1-3% for contract years 7+ Min/Max Premium: $25,000 - $1,000,000 Guaranteed Return of Premium: Yes Free Calendar Year Withdrawal: 15% each calendar year Early Surrender Charges: 5%,5%,5%,5%,5%,4%,0% Fund Type: Non-Qualified; IRA incl. Roth, SEP, Simple, & Traditional Death Benefit: Early Surrender Charges are waived upon death of the Annuitant Owner Resident States Available: HI, ID, IN, MT, NE, NV, ND, OK, OR, SD, TX, UT, WA, WY