Flex 8
GCU
10%
Free W/D
31
States
Flex 8 is a fixed-rate deferred annuity that guarantees your initial rate for one year and lets you withdraw up to 10% annually without surrender penalties. It's designed for individuals ages 0-85 who want competitive returns with safety and reasonable access to their money.
Free Withdrawal
10%/yr
Available In
31 states
Min Premium
$300
Surrender
8 years
Key Features
Current Crediting Rate
5.25% APYYour money earns interest at this rate, guaranteed for the first contract year
Minimum Guarantee
2.65%Your account is protected by this minimum rate even if rates drop
Annual Withdrawal Allowance
10% per yearYou can withdraw up to this percentage of your beginning balance each year without surrender charges for the first 8 years
Surrender Charges
9%-2% over 8 yearsPenalties decline each year if you withdraw more than the 10% allowance
Long-Term Care Waiver
YesIf you enter a long-term care facility, surrender charges are waived
Terminal Illness Waiver
YesIf diagnosed with a terminal illness, surrender charges are waived on withdrawals
Deposit Range
$300 - $1,000,000Flexible investment amounts from minimum to maximum
Highlights
5.25% current crediting rate with a 2.65% minimum guarantee provides competitive returns with downside protection
8-year surrender schedule allows penalty-free withdrawals of 10% annually, giving you flexibility without losing your entire investment
Long-term care and terminal illness waivers waive surrender charges when you need the money most
Available for qualified retirement plans with deposits from $300 to $1,000,000
Death benefit passes to heirs with no surrender charges applied
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
Yr 8
2%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Individuals ages 0-85 seeking competitive fixed returns with liquidity, downside protection, and tax-deferred growth for retirement or qualified plans.
Consider Alternatives If
Those who need immediate access to large sums of money or who cannot afford to lock funds away for 8 years.
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