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Active Product: Clear Spring Life – Preserve MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)
Clear Spring Life – Preserve MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)
About this product
The Preserve Multi-Year Guaranteed Annuity 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.
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 | 4.90% |
| 4 Years | 5.05% |
| 5 Years | 5.20% |
| 6 Years | 5.25% |
| 7 Years | 5.25% |
| 8 Years | 4.95% |
| 9 Years | 5.25% |
| 10 Years | 5.25% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $99,999.00 | 4.60% |
| $100,000.00 - $1,000,000.00 | 4.90% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (80) and target payout age (90), the following guarantee period will be applied:
| Guarantee Period | 10 years |
| Rate | 5.25% |
| Age | 80 - 90 |
Summary
| Total years to payout | 10 |
| Total guarantee periods applied | 1 |
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