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

TruSelect MYGA is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected guarantee period. The owner makes a one-time premium payment and selects a 3-, 5-, or 7-year term, during which interest grows tax-deferred. The policy includes a free-withdrawal feature beginning in the first contract year, and withdrawals above the free amount may be subject to surrender charges and a Market Value Adjustment (MVA), where applicable. At the end of the guarantee period, a 30-day window provides flexibility for renewal, surrender, or transition to another available term without surrender charges or MVA.

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

The minimum premium amount is $10,000.

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

The maximum issue age is 85 years.

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

The current interest rate is 4.3%.

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

Withdrawals exceeding the annual free-withdrawal limit, or a full surrender during the guarantee period, are subject to surrender charges and may also incur an MVA (state variations apply). Charges decline by year and reach 0% at the end of the surrender-charge period. Amounts withdrawn during the 30-day window at the end of a guarantee period are not subject to surrender charges or MVA. The MVA does not apply to annual penalty-free withdrawals, death benefit payments, or qualifying terminal illness or nursing home waiver withdrawals.

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

The best available rate is 4.85% for a 7 year term.

Delaware Life

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

About this product

The Delaware Life TruSelect℠ MYGA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Delaware Life Insurance Company that provides fixed, tax-deferred interest growth and principal protection across 3-, 5-, and 7-year guarantee periods. It delivers predictable, contractually guaranteed rates insulated from market volatility, making it a strong fit for conservative savers seeking steady accumulation. With free-withdrawal access available each year (including year 1) and optional no-cost waivers for qualifying events (where approved), TruSelect MYGA supports long-term retirement planning with security, simplicity, and flexible access.

Available Rates

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

3 Years	4.60%
5 Years	4.90%
7 Years	4.85%

Available Guarantee Periods

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

$10,000.00 - $99,999.00	4.3%
$100,000.00 - $1,000,000.00	4.6%

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