American Equity Guarantee Shield MYGA
About this product
The American Equity Guarantee Shield 3 Multi-Year Guaranteed Annuity (MYGA) is designed for conservative investors seeking a stable, tax-deferred, guaranteed return over a set period. Apart from fixed rate guarantees, it offers nursing home and terminal illness benefits, allowing flexible withdrawals if unexpected healthcare expenses arise. The product also features a Minimum Guaranteed Surrender Value (MGSV): the surrender value will never be less than 90% of the premium paid (minus any withdrawals), accumulated at the minimum guaranteed interest rate.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 3.75% |
| 5 Years | 3.85% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 3.5% |
| $100,000.00 - $249,999.00 | 3.75% |
| $250,000.00 - $1,000,000.00 | 3.75% |
| Features | |
| Maximum Issue Age | 85 years |
Lifetime Income Details
Payout Options
Income Calculation
- Total Growth at Payout Age
- $0.00
- Current Age
- 45
- Payout Age
- 65
- Expected Lifetime (years)
- 35
- Payout Option
- Annuitization
- Annual Lifetime Income
- $0.00
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage