What is the minimum guaranteed surrender value for Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)?

Guaranty Rate Lock Fee-Based – MVA is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate 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, during which interest grows tax-deferred. After the first contract year, the policy allows annual penalty-free withdrawals up to 5% of the prior anniversary accumulation value (or Required Minimum Distributions), while withdrawals above this amount may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of each guarantee period, the contract provides an end-of-term window that allows surrender or renewal options under the contract’s renewal provisions.

What is the minimum premium amount for Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)?

The minimum premium amount is $10,000.

What is the maximum issue age for Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)?

The maximum issue age is 100 years.

What is the current interest rate for Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)?

The current interest rate is 4.6%.

What is the surrender charge schedule for Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)?

Withdrawals exceeding the 5% annual free-withdrawal limit, or a full surrender during the guarantee period, are subject to surrender charges and may also incur an MVA. Charges decline each year until reaching 0% at the end of the term. All funds become fully penalty-free at the end of the guarantee period or during the end-of-term window provided by the contract. Surrender-charge schedules may vary by state.

What are the best rates available for Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)?

The best available rate is 5.45% for a 5 year term.

Guaranty Income Life

Guaranty Income Life – Guaranty Rate Lock® Fee-Based (MVA)

About this product

The Guaranty Rate Lock® Fee-Based – MVA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Guaranty Income Life Insurance Company that provides fixed, tax-deferred interest growth and full principal protection across 3- through 10-year guarantee periods. It delivers predictable, contractually guaranteed rates insulated from market volatility, making it ideal for conservative savers seeking stable accumulation. With penalty-free access beginning in year two and straightforward contract mechanics, Guaranty Rate Lock Fee-Based supports long-term financial planning with security, simplicity, and consistent growth.

Available Rates

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

3 Years	4.70%
4 Years	4.95%
5 Years	5.45%
6 Years	4.70%
7 Years	5.50%
8 Years	4.70%
9 Years	4.70%
10 Years	4.70%

Available Guarantee Periods

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

$10,000.00 - $99,999.00	4.6%
$100,000.00 - $249,999.00	4.7%
$250,000.00 - $1,000,000.00	4.7%

Features
Maximum Issue Age	100 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