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Active Product: CL Life – Tarrant Trail MYGA
CL Life – Tarrant Trail MYGA
About this product
The CL Tarrant Trail Annuity is a single premium deferred annuity issued by CL Life and Annuity Insurance Company. It offers a 12-month interest rate guarantee period with no less than a 2% return, resetting annually. In the first year, it provides an enhanced interest rate. It includes features such as a bailout interest rate waiver of surrender charges, penalty-free withdrawals from year 2, and multiple payout options for death benefits. This annuity is designed for individuals seeking stable, tax-deferred growth with conservative, long-term savings goals in mind.
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
| 1 Years | 7.00% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $20,000.00 - $1,000,000.00 | 7.00% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (80) and target payout age (81), the following guarantee period will be applied:
| Guarantee Period | 1 years |
| Rate | 7.00% |
| Age | 80 - 81 |
Summary
| Total years to payout | 10 |
| Total guarantee periods applied | 10 |
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