Aspida Synergy Choice MYGA
About this product
Synergy Choice™ MYGA is a single-premium deferred fixed annuity designed to offer secure, tax-deferred growth at a guaranteed interest rate over your choice of 2, 3, 5, or 7 years. Issued by Aspida Life Insurance Company, this MYGA provides steady, market-risk-free accumulation of retirement savings. Clients can customize their contract with optional withdrawal features such as interest-only withdrawals or 10% annual free withdrawals. After the first year, the annuity can also be annuitized to provide guaranteed income, including lifetime income options. With the protection of principal and predictable returns, Synergy Choice™ MYGA is well-suited for conservative investors preparing for retirement.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 2 Years | 5.10% |
| 3 Years | 5.25% |
| 5 Years | 5.45% |
| 7 Years | 5.50% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $25,000.00 - $99,999.00 | 4.95% |
| $100,000.00 - $1,000,000.00 | 5.1% |
| Features | |
| Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Income Calculation
- Total Growth at Payout Age
- $0.00
- Current Age
- 45
- Payout Age
- 65
- Expected Lifetime (years)
- 35
- Payout Option
- Annuitization
- Annual Lifetime Income
- $0.00
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