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Active Product: Axonic – Waypoint™ MYGA
Axonic – Waypoint™ MYGA
About this product
The Axonic Waypoint MYGA (Multi-Year Guaranteed Annuity) is a single premium, fixed annuity designed to offer safety, predictability, and tax-deferred growth over a selected guarantee period of 2, 3, 5, 7, or 10 years. Issued by AmFirst Insurance Company and administered by Axonic Insurance Services LLC, this product provides a guaranteed fixed interest rate for the entire term, shielding your funds from market volatility. It supports a wide range of funding types including Non-Qualified, Traditional IRA, Roth IRA, 401(k), SEP IRA, and Inherited IRA accounts, making it a versatile option for retirement and long-term financial planning.
The Waypoint MYGA ensures 100% principal protection, offers a minimum premium entry point of $20,000, and allows owners up to age 89 and 364 days. After the first contract year, policyholders can access up to 10% of the contract value annually without penalty, with optional systematic interest withdrawals available on a quarterly basis. It includes free benefits such as a Nursing Home Confinement Rider and a Terminal Illness Rider (subject to eligibility), which waive surrender charges and market value adjustments under qualifying circumstances. At the end of each term, clients receive a 30-day window to renew, adjust, or withdraw funds without penalty.
Waypoint MYGA is tailored for individuals seeking a low-risk solution that offers reliable returns, tax deferral, flexible access provisions, and added financial security through built-in hardship riders.
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 | 5.00% |
| 3 Years | 5.45% |
| 5 Years | 5.70% |
| 7 Years | 5.50% |
| 10 Years | 5.40% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $20,000.00 - $99,999.00 | 4.70% |
| $100,000.00 - $1,000,000.00 | 5.00% |
Features
| Maximum Issue Age | 89 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (65), the following guarantee period will be applied:
| Guarantee Period | 10 years |
| Rate | 5.40% |
| Age | 55 - 65 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 3 |
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