Simulation & Edit Mode
Active Product: Liberty Bankers / Capitol Life – Heritage Classic
Liberty Bankers / Capitol Life – Heritage Classic
About this product
The Liberty Bankers / Capitol Life Heritage Classic is a single-premium Multi-Year Guaranteed Annuity (MYGA) designed for savers who want strong, guaranteed fixed interest accumulation along with meaningful liquidity. Available in 3-, 5-, 7-, and 9-year guarantee periods, Heritage Classic provides tax-deferred growth, full principal protection, and penalty-free access to a portion of the account value after the first contract year. With built-in health-related benefits and straightforward contract mechanics, Heritage Classic offers dependable growth and flexibility for individuals who may need limited access to funds during the term.
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
| 3 Years | 4.65% |
| 5 Years | 4.85% |
| 7 Years | 4.85% |
| 9 Years | 5.00% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $1,000,000.00 | 4.65% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (64), the following guarantee period will be applied:
| Guarantee Period | 9 years |
| Rate | 5.00% |
| Age | 55 - 64 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 4 |
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