
Aspida WealthLock Plus MYGA
About this product
The Aspida WealthLockSM MYGA Plus is a multi-year guaranteed annuity (MYGA) offered with term options of 2, 3, 5, or 7 years. It provides a fixed interest rate for the selected term, ensuring predictable growth and full protection of your premium regardless of market performance. Designed for individuals seeking safety and accumulation, this annuity allows tax-deferred compounding and offers flexible payout options, including converting the contract value into a stream of guaranteed income. In the event of the policyholder’s death, the full contract value passes directly to beneficiaries without going through probate
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
2 Years | 5.00% |
3 Years | 5.25% |
5 Years | 5.60% |
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 |
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