Apex
About this product
Apex MYGA® is a single premium deferred fixed annuity offering guaranteed interest rate growth over a 3-, 5-, or 7-year period. It is designed for long-term retirement savings, providing principal protection, tax-deferred accumulation, and flexibility to allocate funds across multiple interest guarantee periods. The annuity also includes options for systematic withdrawals, guaranteed income through annuitization, and a standard death benefit equal to the greater of the account value or the surrender value. It is suitable for both qualified and nonqualified retirement accounts and allows laddering strategies within a single contract.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.95% |
| 5 Years | 5.30% |
| 7 Years | 5.30% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 4.65% |
| $100,000.00 - $1,000,000.00 | 4.95% |
| Features | |
| Maximum Issue Age | 85 years |
Lifetime Income Details
Payout Options
Income Calculation
- Total Growth at Payout Age
- $0.00
- Current Age
- 45
- Payout Age
- 65
- Expected Lifetime (years)
- 35
- Payout Option
- Annuitization
- Annual Lifetime Income
- $0.00
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