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

Secure MYGA Non-MVA is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected 3-, 5-, or 7-year guarantee period. The owner makes a one-time premium payment and earns a guaranteed, tax-deferred rate that is locked for the full term. Beginning in the first contract year, the policy provides annual penalty-free withdrawals up to 10% of the beginning-of-year account value, while withdrawals above this amount may be subject to surrender charges (no MVA applies). At the end of the guarantee period, the contract automatically renews one year at a time with no surrender charges, offering complete liquidity and flexibility.

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

The minimum premium amount is $20,000.

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

The maximum issue age is 90 years.

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

The current interest rate is 3.75%.

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

Withdrawals exceeding the 10% annual free-withdrawal amount, or a full surrender during the guarantee period, are subject to surrender charges. Because this is a Non-MVA contract, no Market Value Adjustment applies. All surrender charges end after the initial guarantee period, when the contract moves into a fully penalty-free renewal phase. California uses a modified surrender-charge schedule as shown in the brochure.

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

The best available rate is 4.70% for a 7 year term.

F&G Annuities and Life

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

About this product

The F&G Secure MYGA® Non-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. It delivers predictable, contractually guaranteed rates without a Market Value Adjustment (MVA), ensuring surrender values remain stable and transparent regardless of interest-rate movements. With 10% penalty-free access each year starting in year one and built-in health-related waivers, Secure MYGA supports conservative savers seeking protected accumulation, simplicity, and guaranteed growth.

Available Rates

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

3 Years	4.00%
5 Years	4.60%
7 Years	4.70%

Available Guarantee Periods

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

$20,000.00 - $99,999.00	3.75%
$100,000.00 - $1,000,000.00	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