Simulation & Edit Mode
Active Product: Aspida – WealthLock Plus MYGA
Aspida – WealthLock Plus MYGA
About this product
The Aspida WealthLock® MYGA Plus 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 ideal for conservative savers seeking stable accumulation. The product also supports legacy planning by paying the full contract value directly to beneficiaries (typically without probate delays), and it offers access features including penalty-free withdrawals after the first contract anniversary and waiver access for qualifying nursing home confinement or terminal illness.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 2 Years | 4.40% |
| 3 Years | 4.75% |
| 5 Years | 5.15% |
| 7 Years | 5.25% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $25,000.00 - $99,999.00 | 4.25% |
| $100,000.00 - $2,000,000.00 | 4.40% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (62), the following guarantee period will be applied:
| Guarantee Period | 7 years |
| Rate | 5.25% |
| Age | 55 - 62 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 5 |
Lifetime Income Details
Payout Options
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