What is the minimum guaranteed surrender value for American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)?

Funds accumulate at a fixed guaranteed rate for the selected 3- or 5-year period without interim liquidity options. At the end of the guarantee period, owners retain the same election options as the standard version: renewal at available terms, transition to a one-year rate, annuitization, partial or full surrender.

What is the minimum premium amount for American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)?

The minimum premium amount is $1,000.

What is the maximum issue age for American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)?

The maximum issue age is 90 years.

What is the current interest rate for American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)?

The current interest rate is 5.36%.

What is the surrender charge schedule for American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)?

Withdrawals are not permitted; however, surrender of the contract before the end of the guarantee term will incur surrender charges plus any applicable MVA. The MVA may reduce or increase value depending on market interest rate changes

What are the best rates available for American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)?

The best available rate is 5.68% for a 5 year term.

American Life

American Life – American Classic MYGA (3-, 5-Year Terms, No Liquidity)

About this product

This version of the American Classic MYGA is identical in structure to the standard product but does not permit free withdrawals. In exchange for reduced liquidity, the contract offers a higher guaranteed rate for both the 3-year and 5-year terms. The no-liquidity option appeals to investors seeking higher fixed growth while committing funds for the entire guarantee term

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	5.36%
5 Years	5.68%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$1,000.00 - $1,000,000.00

5.36%

Features
Maximum Issue Age	90 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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