New Momentum
Integrity Life Insurance Company
3.55%
Best Rate
10%
Free W/D
46
States
New Momentum is a flexible premium deferred annuity that lets you make contributions over time, earn guaranteed interest rates, and access your money with flexibility. It's designed for individuals age 0–85 who want tax-deferred growth with the option to convert to guaranteed lifetime income in retirement.
Free Withdrawal
10%/yr
Available In
46 states
Min Premium
$2,000
Surrender
7 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 5-Year | 3.55% |
| 6-Year | 3.25% |
| 7-Year | 3.3% |
| 10-Year | 3.45% |
Key Features
Flexible Contributions
$1,000 minimum per contribution ($100 via electronic transfer)Add money on your schedule with low minimum additional contributions
Guaranteed Rate Options (GRO)
5, 6, 7, or 10-year terms availableLock in fixed interest rates for predictable growth over 5, 6, 7, or 10-year periods with a 0.75% first-year enhancement
Free Annual Withdrawal
Up to 10% noncumulative per contract yearAccess up to 10% of account value each year without withdrawal charges or Market Value Adjustments
Withdrawal Charges
Integrity: 8%-0% over 7 years; National Integrity: 7%-0% over 7 yearsCharges decrease over time; Integrity ranges from 8% in year 1 to 0% thereafter; National Integrity from 7% to 0%
Market Value Adjustment (MVA)
Does not apply in final 30 days of GRO or to death benefitApplied to early withdrawals during guarantee periods; adjusts based on interest rate changes since your rate was locked
Tax-Deferred Growth
Interest credited with daily compoundingEarnings compound without annual tax liability until you withdraw, accelerating growth potential
Lifetime Income Options
Single or joint payout options availableConvert to scheduled payments guaranteed for life with a 10-year period certain available
Death Benefit Protection
Full account value, no MVA or withdrawal charges applyDesignated beneficiary receives full account value without probate delay or withdrawal charges if annuitant dies during deferral
Hardship Withdrawal Waivers
Varies by state and issuerWithdrawal charges and MVA may be waived for qualifying hardships like disability, terminal illness, or medical care with prior notification
Transfer Options
$1,000 minimum transfer; no MVA 30 days before GRO endMove money between New Momentum GROs and quarterly interest options with minimal transfer amount
Highlights
Flexible contributions with low minimums ($2,000 for qualified plans, $5,000 nonqualified) allow you to add money as your situation changes
Guaranteed interest rates for 5, 6, 7, or 10-year periods with a 0.75% first-year bonus make planning predictable
Free annual withdrawals of up to 10% of account value provide access to your money without penalties or Market Value Adjustments
Tax-deferred growth means your earnings compound faster than in taxable accounts paying the same rate
Lifetime income options with guaranteed payments provide retirement security backed by insurer's financial strength
Surrender Schedule
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
Yr 6
3%
Yr 7
2%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver, Unemployment waiver
Best For
Individuals age 0–85 seeking tax-deferred growth with flexibility to make contributions over time, access funds when needed, and eventually convert to guaranteed lifetime income in retirement.
Consider Alternatives If
Those needing immediate access to all their funds without surrender charges or those uncomfortable with interest rate risk during the guarantee period.
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