
Gainbridge
Gainbridge FastBreak (California)
About this product
FastBreak™ is a single premium, individual deferred annuity designed for individuals seeking guaranteed accumulation of savings at a fixed interest rate over a selected term, with principal protection. It is issued by Gainbridge Life Insurance Company and tailored to California residents. Unlike most annuities, FastBreak™ is not tax-deferred—interest earned is taxable annually.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
3 Years | 5.75% |
4 Years | 5.75% |
5 Years | 5.80% |
6 Years | 5.80% |
7 Years | 5.80% |
8 Years | 5.80% |
9 Years | 5.80% |
10 Years | 5.80% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
$1,000.00 - $99,999.00 | 4.45% |
$100,000.00 - $1,000,000.00 | 5.75% |
Features | |
Maximum Issue Age | 90 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