Farmers Safeguard Plus
About this product
The Farmers Safeguard Plus® Multi-Year Guaranteed Annuity (MYGA) is a single premium-deferred annuity designed to grow savings safely with a guaranteed fixed rate of interest over 3, 5, 7, or 10 years. It is ideal for individuals seeking tax-deferred accumulation, protection from market risk, and guaranteed retirement income. The annuity is simple to understand and structured to help clients address evolving financial needs while preserving their capital and planning confidently for the future.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 5.05% |
| 5 Years | 5.60% |
| 7 Years | 5.60% |
| 10 Years | 5.65% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $1,000,000.00 | 5.05% |
| Features | |
| Maximum Issue Age | 95 years |
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