Simulation & Edit Mode
Active Product: Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)
Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)
About this product
The Gainbridge FastBreak™ MYGA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Gainbridge Life Insurance Company that provides fixed interest growth and full principal protection across 3-, 4-, 5-, 6-, 7-, 8-, 9-, and 10-year guarantee periods. Unlike most MYGAs, FastBreak™ does not offer tax-deferred growth—interest is taxed annually.
It delivers predictable, contractually guaranteed rates insulated from market volatility, making it a strong option for conservative savers seeking fixed accumulation over a set term and who prefer to avoid IRS early-withdrawal penalties prior to age 59½. With penalty-free access to 10% of value annually and straightforward mechanics, FastBreak™ supports secure accumulation with simplicity and certainty.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 3 Years | 5.25% |
| 4 Years | 5.25% |
| 5 Years | 5.30% |
| 6 Years | 5.30% |
| 7 Years | 5.30% |
| 8 Years | 5.30% |
| 9 Years | 5.30% |
| 10 Years | 5.30% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $1,000.00 - $99,999.00 | 5.00% |
| $100,000.00 - $1,000,000.00 | 5.25% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (65), the following guarantee period will be applied:
| Guarantee Period | 10 years |
| Rate | 5.30% |
| Age | 55 - 65 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 3 |
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