What is the minimum guaranteed surrender value for Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)?

Pinnacle Plus℠ MYGA is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected guarantee period. The contract owner makes a one-time premium payment and selects a 3-, 5-, or 7-year term, during which interest grows on a tax-deferred basis. Beginning in the second contract year, the policy allows annual penalty-free withdrawals of up to 10% of the most recent contract anniversary value, or the Required Minimum Distribution (RMD), if greater. Withdrawals exceeding the free amount may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of the guarantee period, a 30-day window allows the owner to renew, surrender, or reposition contract values without surrender charges or MVA.

What is the minimum premium amount for Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)?

The maximum issue age is 85 years.

What is the current interest rate for Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)?

The current interest rate is 4.25%.

What is the surrender charge schedule for Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)?

Withdrawals exceeding the annual free-withdrawal amount, or a full surrender during the guarantee period, are subject to surrender charges and may also incur a Market Value Adjustment (MVA). Charges decline annually until reaching 0% at the end of the guarantee period. All funds become fully penalty-free during the 30-day window at the end of the term. California applies a separate surrender-charge schedule.

What are the best rates available for Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)?

The best available rate is 5.85% for a 5 year term.

Delaware Life

Delaware Life – Pinnacle Plus MYGA (3-, 5-, 7-Year Terms)

About this product

The Delaware Life Pinnacle Plus℠ MYGA is a single-premium Multi-Year Guaranteed Annuity issued by Delaware Life Insurance Company that provides fixed, tax-deferred interest growth and full principal protection across 3-, 5-, and 7-year guarantee periods. Designed for long-term retirement accumulation, Pinnacle Plus℠ delivers predictable, contractually guaranteed interest rates insulated from market volatility. With simple contract mechanics, no annual policy fees, and penalty-free access beginning in year two, the product is well-suited for conservative savers seeking stability, tax efficiency, and dependable growth.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	4.55%
5 Years	5.85%
7 Years	4.85%
10 Years	4.85%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$25,000.00 - $99,999.00	4.25%
$100,000.00 - $1,000,000.00	4.55%

Features
Maximum Issue Age	85 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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