What is the minimum guaranteed surrender value for Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)?

WealthLock® MYGA is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected guarantee period (2, 3, 5, or 7 years). The owner makes a one-time premium payment and interest grows tax-deferred while the contract remains in force. Withdrawals (other than RMDs) are generally available beginning in year two, and after the first contract anniversary the policy permits annual penalty-free withdrawals up to 10% of contract value; withdrawals above that amount may be subject to withdrawal charges and a Market Value Adjustment (MVA). After the initial guarantee period ends, the interest rate will change, but will not be lower than the minimum guaranteed interest rate stated in the contract.

What is the minimum premium amount for Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)?

The current interest rate is 3.85%.

What is the surrender charge schedule for Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)?

The Aspida WealthLock MYG annuity allows up to 10% of the contract value to be withdrawn free of charge each year. Should your needs change unexpectedly, and you need to take an excess withdrawal (a withdrawal that is above the free withdrawal amount available in a given contract year), you may be entitled to access additional monies, although certain charges and penalties may apply. Any amount withdrawn in excess of the remaining free withdrawal amount is subject to a Surrender Charge.

What are the best rates available for Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)?

The best available rate is 5.05% for a 7 year term.

Aspida

Aspida – WealthLock MYGA (2-, 3-, 5-, 7-Year Terms)

About this product

The Aspida WealthLock® MYGA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Aspida Life Insurance Company that provides fixed, tax-deferred interest growth and full principal protection across 2-, 3-, 5-, and 7-year guarantee periods. It delivers predictable, contractually guaranteed rates insulated from market volatility, making it well-suited for conservative accumulation planning. The contract also includes penalty-free access features beginning after the first contract anniversary, plus built-in waivers for qualifying nursing home confinement and terminal illness.

Available Rates

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

2 Years	4.00%
3 Years	4.45%
5 Years	4.85%
7 Years	5.05%

Available Guarantee Periods

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

$25,000.00 - $99,999.00	3.85%
$100,000.00 - $2,000,000.00	4%

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