What is the minimum guaranteed surrender value for F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)?

Secure MYGA MVA 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. Beginning in the first contract year, the policy allows annual penalty-free withdrawals up to 10% of the contract value, while withdrawals above this amount may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of each guarantee period, the contract automatically transitions into one-year renewal periods with no additional surrender charges, providing continued flexibility and liquidity.

What is the minimum premium amount for F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)?

The minimum premium amount is $20,000.

What is the maximum issue age for F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)?

The current interest rate is 4.15%.

What is the surrender charge schedule for F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)?

Withdrawals exceeding the 10% annual free-withdrawal limit, or a full surrender during the initial 3-, 5-, or 7-year guarantee period, are subject to surrender charges and may also incur an MVA. Charges decline each year until reaching 0% after the end of the initial term. All funds become fully penalty-free once the contract transitions to the one-year renewal period. California utilizes a separate surrender-charge schedule.

What are the best rates available for F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)?

The best available rate is 4.80% for a 7 year term.

F&G Annuities and Life

F&G – Secure MYGA (MVA) (3-, 5-, 7-Year Terms)

About this product

The F&G Secure MYGA® MVA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Fidelity & Guaranty Life Insurance Company that provides fixed, tax-deferred interest growth and full principal protection across 3-, 5-, and 7-year guarantee periods. Secure MYGA MVA delivers predictable, contractually guaranteed rates insulated from market volatility, making it appropriate for conservative savers seeking stable accumulation. With penalty-free access to a portion of the account value beginning in the first contract year and straightforward contract mechanics, Secure MYGA MVA supports long-term financial planning with security, simplicity, and consistent growth.

Available Rates

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

3 Years	4.40%
5 Years	4.80%
7 Years	4.80%

Available Guarantee Periods

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

$20,000.00 - $99,999.00	4.15%
$100,000.00 - $1,000,000.00	4.4%

Features
Maximum Issue Age	90 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