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

The Bankers CA contracts are available to both qualified and non-qualified funds, with exclusions for SIMPLE IRAs and 403(b)s. Policies are issued up to age 90 (varying slightly by version), and premium submissions exceeding $1,000,000 require company pre-approval. These annuities include a Market Value Adjustment (MVA) provision and are designed with surrender charges that decrease over time. Upon death of the annuitant or owner, the policy pays out the Accumulated Value.

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

The minimum premium amount is $10,000.

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

The maximum issue age is 90 years.

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

The current interest rate is 4.65%.

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

Surrender charges are structured by year and product type. For example, Bankers 5 Premier Plus includes charges of 8.1%, 7.3%, 6.4%, 5.5%, and 4.5% in years 1 through 5, respectively, with no charge thereafter. An MVA applies during the surrender charge period. Charges vary depending on the selected product version and the age of the annuitant, with higher charges generally for younger ages and longer term.

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

The best available rate is 4.85% for a 7 year term.

Liberty Bankers

Liberty Bankers - Bankers (CA Only)

About this product

The Bankers CA series offers single premium only, multi-year guarantee annuities designed for clients in California. These products provide guaranteed interest rates for set durations (3, 5, 7, or 9 years) and are best suited for individuals seeking enhanced rates with minimal need for liquidity during the guarantee period. Upon completion of the guarantee period, contracts can be renewed with available options without incurring new surrender charges.

Available Rates

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

3 Years	4.65%
5 Years	4.85%
7 Years	4.85%

Available Guarantee Periods

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

$10,000.00 - $1,000,000.00

4.65%

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