What is the minimum guaranteed surrender value for Ibexis – MYGA Plus (3-, 5- and 7-year terms)?

MYGA Plus is a Single Premium Deferred Annuity (SPDA) that credits interest based on the selected Guaranteed Option Period (GOP). The owner makes a one-time premium payment and selects a 3-, 5-, or 7-year term. Premium is allocated between: • A Fixed Option, which credits a guaranteed rate of simple interest, credited daily and locked in for the entire GOP. • An Index-Linked Option, which credits a guaranteed fixed annual rate if the tracked index (currently the S&P 500®) is higher than the previous year’s value on a point-to-point basis. Up to 50% of the premium may be allocated to the Index-Linked Option, with the remainder allocated to the Fixed Option. Allocation elections are made at issue and cannot be changed during the guarantee period. Interest grows tax-deferred. At the end of each GOP, the contract enters a 30-day window during which the owner may renew, surrender, exchange, or transfer funds without penalty.

What is the minimum premium amount for Ibexis – MYGA Plus (3-, 5- and 7-year terms)?

The minimum premium amount is $10,000.

What is the maximum issue age for Ibexis – MYGA Plus (3-, 5- and 7-year terms)?

The maximum issue age is 85 years.

What is the current interest rate for Ibexis – MYGA Plus (3-, 5- and 7-year terms)?

The current interest rate is 4.8%.

What is the surrender charge schedule for Ibexis – MYGA Plus (3-, 5- and 7-year terms)?

Withdrawals exceeding the 10% annual free-withdrawal limit, or a full surrender during the guarantee period, are subject to surrender charges and may also incur a Market Value Adjustment (MVA), where applicable. Surrender charges decline annually and reach 0% at the end of the guarantee period. All funds become fully penalty-free during the 30-day renewal window. Upon renewal into a new guarantee period, surrender charges reset to year-one levels.

What are the best rates available for Ibexis – MYGA Plus (3-, 5- and 7-year terms)?

The best available rate is 5.80% for a 7 year term.

Ibexis

Ibexis – MYGA Plus (3-, 5- and 7-year terms)

About this product

The Ibexis MYGA Plus™ is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Ibexis Life & Annuity Insurance Company that provides guaranteed, tax-deferred interest growth and full principal protection across 3-, 5-, and 7-year guarantee periods. In addition to a traditional fixed MYGA option, MYGA Plus offers an Index-Linked Option within the same contract, allowing clients to allocate a portion of their premium toward enhanced interest potential while maintaining protection from market loss. This structure makes MYGA Plus suitable for conservative investors seeking predictable accumulation with added upside opportunity.

Available Rates

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

3 Years	5.10%
5 Years	5.60%
7 Years	5.80%

Available Guarantee Periods

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

$10,000.00 - $99,999.00	4.8%
$100,000.00 - $1,500,000.00	5.1%

Features
Maximum Issue Age	85 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