TruSelect
About this product
TruSelect® Fixed Annuity is a multi-year guaranteed annuity (MYGA) offering fixed interest rate growth over 3, 5, or 7 years. Designed for retirement savings, it provides predictable, tax-deferred accumulation, principal protection, and flexible income options including systematic withdrawals and annuitization. Premiums may be allocated across different guarantee terms, and the contract includes a death benefit equal to the greater of the account value or surrender value. TruSelect® is suitable for both qualified and nonqualified plans and includes waivers for nursing home confinement and terminal illness.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.80% |
| 5 Years | 5.25% |
| 7 Years | 5.25% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 4.5% |
| $100,000.00 - $1,000,000.00 | 4.8% |
| 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