What is the minimum guaranteed surrender value for Liberty Bankers - Bankers 5 Premier Plus (CA Only)?

This annuity is designed to offer a fixed rate for five years, with an MVA (market value adjustment) applicable during the surrender period. After five years, the contract becomes liquid. It can be issued to clients up to age 90 and used with both qualified and non-qualified funds, excluding 403(b) and SIMPLE IRA plans. The contract provides a death benefit equal to the accumulated value and includes several health-related waiver benefits. Penalty-free withdrawals are limited to RMDs, interest, or monthly interest exceeding $100.

What is the minimum premium amount for Liberty Bankers - Bankers 5 Premier Plus (CA Only)?

The minimum premium amount is $10,000.

What is the maximum issue age for Liberty Bankers - Bankers 5 Premier Plus (CA Only)?

The maximum issue age is 90 years.

What is the current interest rate for Liberty Bankers - Bankers 5 Premier Plus (CA Only)?

The current interest rate is 6%.

What is the surrender charge schedule for Liberty Bankers - Bankers 5 Premier Plus (CA Only)?

The maximum withdrawal charges for Bankers Premier 5 are as follows: 8%, 7%, 6%, 5.5%, 4.5%, 0%. A Market Value Adjustment (MVA) applies during the first 5 years. These charges apply if funds are withdrawn in excess of allowable penalty-free amounts during the surrender charge period.

What are the best rates available for Liberty Bankers - Bankers 5 Premier Plus (CA Only)?

The best available rate is 6.00% for a 5 year term.

Liberty Bankers

Liberty Bankers - Bankers 5 Premier Plus (CA Only)

About this product

The Bankers 5 Premier Plus is a single premium, fixed annuity product that provides a guaranteed interest rate over a 5-year period. With a high initial yield of 6.00% (including bonus), it is intended for clients looking for safe, stable growth and deferring taxes on interest earnings. It is ideal for individuals who do not anticipate needing to access their funds within the first 5 years, as surrender charges and market value adjustments apply.

Available Rates

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

5 Years

6.00%

Available Guarantee Periods

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

$10,000.00 - $1,000,000.00

Features
Maximum Issue Age	90 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