Optimum Selection Annuity

Principal and interest earn a guaranteed fixed rate that does not fluctuate with market conditions. Interest is credited daily to achieve an annual yield equal to the declared rate.

All interest and earnings compound without current federal income tax liability until you withdraw funds, allowing faster accumulation than taxable accounts.

After 30 days from contract date, withdraw up to 15% of the previous anniversary contract value each year without surrender charges. Unused portion (up to 5%) can carry over to next year for 20% annual access.

Withdrawals exceeding penalty-free amounts incur declining surrender charges during the initial rate guarantee period, declining to zero after 5 or 7 years.

Optional higher interest rate available on 5-year and 7-year terms. Excess withdrawals during the guarantee period are adjusted based on current interest rates—potentially increasing or decreasing the withdrawal amount.

Optional rider ensures you receive at least your original premium upon cancellation, minus prior withdrawals, even if contract value is lower.

Specified beneficiary receives the greater of the annuity value or minimum withdrawal value, without withdrawal charges or MVA, avoiding probate.

Upon annuitization, choose from life-only, life with guaranteed period, fixed-period, or fixed-amount payout options for guaranteed lifetime or term-certain income.

No surrender charge for qualified withdrawals due to extended care, terminal illness, or inability to perform activities of daily living. No charge for these riders.

Minimum premium of $5,000 (after-tax) or $2,000 (pre-tax). Available to ages 18-90, allowing broader access to fixed annuity benefits.