NEW - Try our beta Annuity Rates Simulator

Can You Buy an Annuity with Cryptocurrency? 

What Are Digital Annuities?

Annuities for Beginners: What to Ask Your Financial Advisor

Annuitization in Annuities: Turning Your Savings into Lifetime Retirement Income

Annuities vs. Bonds

Common Annuity Pitfalls to Avoid

Annuity Companies to Avoid

Annuity Due vs. Ordinary Annuity

What Happens to an Annuity When You Die? 

Integrating Technology into Retirement Life for Efficiency and Comfort

Fixed Indexed Annuity Application Process Explained: Step-by-Step Guide for U.S. Annuitants

Understanding Why Fixed Indexed Annuities Have Different Withdrawal-Charge Versions

Integrating Annuities into a Roth Conversion Strategy for FIRE

The Tax Play: How Certain Annuities Can Smooth Out FIRE Income

Why Many FIRE Advocates Avoid Annuities (and When They Should Consider)

Tax Optimization and Annuities: Smart Strategies for Retirees and Early Retirees

Using QLACs (Qualified Longevity Annuity Contracts) to Protect Against Outliving FIRE Savings

Buying Annuities in a High-Interest-Rate Environment: Timing Strategies for FIRE Planners

Partial FIRE + Partial Annuity: Designing a Hybrid Retirement Income Plan

Dynamic FIRE Withdrawal Strategies and Annuities

Best Fixed Annuity Rates in 2025

Best Fixed Indexed Annuities in 2025

Best Immediate and Deferred Annuities Rates 2025

Best Variable Annuities and Rates – A 2025 Guide for Potential Investors

How to Get the Best Annuity Rates in 2025: A Comprehensive Guide

Guaranteed vs. Non-Guaranteed Annuity Rates

Annuity Rate Factors: A Comprehensive Guide to Understanding Influential Variables

Guaranteed vs. Non-Guaranteed Annuities- Balancing Security and Potential Returns

Mastering Your Future: How to Calculate Annuity Growth Rate Effectively

Clear Spring Highlander 7 Fixed Indexed Annuity Review

Clear Spring TriVysta Fixed Indexed Annuity Review

Clear Spring Highlander Fixed Indexed Annuity Review

Clear Spring ViStar Fixed Indexed Annuity Review

Clear Spring ClearFlex Fixed Indexed Annuity Review

The Preserve Annuity applies surrender charges to withdrawals exceeding the penalty-free amount during the guarantee period. Charges start at 7% in year one and decrease annually, depending on the term. They reset if the contract is renewed and do not apply during the 30-day renewal window or for certain exceptions like death or qualified care riders.

Nursing Home Care Rider and Terminal Illness Rider (no charge; subject to eligibility criteria and state availability).

None. No annual maintenance or policy fees.

If the owner dies before annuitization, beneficiaries receive the full account value in a lump sum, unaffected by surrender charges or MVA. Spousal continuation is available if the spouse is the sole beneficiary. Once annuitized, payments follow the settlement option chosen.

 Waives surrender charges and MVA for qualifying confinement of at least 90 consecutive days (owner must be under age 76 at issue; contract must be in force one year; not available in Massachusetts).

 Waives surrender charges and MVA for qualifying diagnosis of terminal illness with life expectancy of nine months or less, or for certain critical illnesses when diagnosed after year one (owner must be age 70 or below for critical illness benefit).

Beginning in contract year two, owners may withdraw up to 10% of the prior-anniversary contract value without surrender charges or MVA. RMDs exceeding the 10% allowance are also exempt from surrender charges. Multiple withdrawals are permitted within the annual 10% limit.

 funds and accepts a broad range of funding types, including Traditional IRAs, Roth IRAs, SEP IRAs, and non-qualified assets.

This contract provides a guaranteed fixed interest rate over the selected term, issued by Clear Spring Life and Annuity Company. It includes tax-deferral benefits, meaning interest grows without current taxation until withdrawn. Beginning in the second contract year, policyholders are entitled to penalty-free withdrawals up to 10% of the account value annually. Upon the owner’s death, the full account value is paid to the beneficiary, either as a lump sum or in income payments. Optional riders provide added flexibility for nursing home care or terminal illness. The policy also includes an automatic renewal feature with a 30-day window to make changes at the end of the initial term.

At the end of the guarantee period, the contract enters a 30-day renewal window during which the owner may renew for the same term at the then-current renewal rate, surrender without penalty, transition to another guarantee period, take a partial penalty-free withdrawal, or annuitize. If no election is made, the contract automatically renews for the same guarantee period at current renewal rates.

The surrender value equals the account value minus any applicable surrender charges and MVA but not less than the minimum nonforfeiture benefit required by law.

 is a single premium deferred fixed annuity from Clear Spring Life designed to offer secure, predictable growth over a guaranteed term. It allows for tax-deferred accumulation with a fixed interest rate locked in for the selected guarantee period (ranging from 3 to 10 years). This annuity is ideal for individuals focused on conservative retirement strategies and long-term savings. As a fixed annuity, it assures no market risk to the principal when funds are kept through the surrender charge period, providing steady returns with peace of mind. 

Clear Spring Life – Preserve MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)