Gainbridge
Gainbridge FastBreak (New Jersey)
About this product
FastBreak™ is a single premium, individual deferred annuity that guarantees a fixed interest rate for a selected term and is designed to grow your money predictably. It is issued by Gainbridge Life Insurance Company. This product does not offer tax deferral—interest earned is taxable annually—and is intended for those comfortable paying annual taxes on interest in exchange for avoiding early withdrawal penalties before age 59½.
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