Aspida Advisory MYGA
About this product
Aspida Advisory MYGA is a single premium, multi-year guaranteed annuity designed to offer secure, tax-deferred growth over 2-, 3-, 5-, or 7-year terms. It guarantees a fixed interest rate for the selected term and offers predictable income options, access to required minimum distributions, and full payout to beneficiaries upon the owner's death without probate delays. After the first year, the contract may be annuitized for guaranteed lifetime income. With no market exposure, it’s a low-risk solution for individuals planning for retirement.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 2 Years | 5.00% |
| 3 Years | 5.30% |
| 5 Years | 5.65% |
| 7 Years | 5.65% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $25,000.00 - $99,999.00 | 4.85% |
| $100,000.00 - $1,000,000.00 | 5% |
| Features | |
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (45) and target payout age (65), the following guarantee periods will be applied:
Lifetime Income Details
Payout Options
Income Calculation
- Total Growth at Payout Age
- $298,338.86
- Current Age
- 45
- Payout Age
- 65
- Expected Lifetime (years)
- 35
- Payout Option
- Annuitization
- Monthly Lifetime Income
- $23,041.89
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