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

WealthLock® MYGA Plus is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected guarantee period. The owner makes a one-time premium payment and selects a 2-, 3-, 5-, or 7-year term, during which interest grows tax-deferred. After the first contract anniversary, the policy allows annual penalty-free withdrawals up to 10% of the contract value; withdrawals in the first year and amounts above the 10% free amount may be subject to withdrawal charges and a Market Value Adjustment (MVA). Required Minimum Distributions (RMDs) from tax-qualified IRAs are available after 30 days, even if they exceed the free withdrawal amount.

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

The minimum premium amount is $25,000.

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

The maximum issue age is 90 years.

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

The current interest rate is 4.25%.

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

Withdrawals exceeding the 10% annual free-withdrawal amount, or withdrawals during the first contract year, may be subject to withdrawal charges and may also incur a Market Value Adjustment (MVA). Charges decline by contract year and reach 0% after the surrender charge schedule ends (may vary by state).

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

The best available rate is 5.25% for a 7 year term.

Aspida

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

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.

Available Rates

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

2 Years	4.40%
3 Years	4.75%
5 Years	5.15%
7 Years	5.25%

Available Guarantee Periods

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

$25,000.00 - $99,999.00	4.25%
$100,000.00 - $2,000,000.00	4.4%

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