What is the minimum guaranteed surrender value for Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

FastBreak™ is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate daily for the entire duration of the selected guarantee period. The owner makes a one-time premium payment and selects a 3-, 4-, 5-, 6-, 7-, 8-, 9-, or 10-year term. Interest is guaranteed for the full selected period. The policy allows penalty-free withdrawals up to 10% of the premium in the first contract year and 10% of the prior-anniversary contract value annually thereafter. Withdrawals above this amount may be subject to Withdrawal Charges and a Market Value Adjustment (MVA). At the end of each guarantee period, the owner may renew at then-current rates, annuitize, or withdraw funds. If no election is made, the contract automatically renews for a new guarantee period.

What is the minimum premium amount for Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The minimum premium amount is $1,000.

What is the maximum issue age for Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The current interest rate is 5%.

What is the surrender charge schedule for Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

Withdrawals exceeding the free-withdrawal limit or a full surrender during the guarantee period are subject to Withdrawal Charges and may also incur an MVA. Charges decline annually until the end of the term.

What are the best rates available for Gainbridge – FastBreak™ MYGA (3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-Year Terms)?

The best available rate is 5.30% for a 10 year term.

Gainbridge

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.

Available Rates

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

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

$1,000.00 - $99,999.00	5%
$100,000.00 - $1,000,000.00	5.25%

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