What is the minimum guaranteed surrender value for Liberty Bankers Heritage Elite ?

The Heritage Elite annuity allows you to grow your retirement assets without market risk. After the selected guarantee period ends, the policyholder may renew for another term or choose other options without facing new surrender charges. It is available for both qualified and non-qualified funds, with varying issue age limits depending on the term selected. Health waiver benefits are not included.

What is the minimum premium amount for Liberty Bankers Heritage Elite ?

The minimum premium amount is $10,000.

What is the maximum issue age for Liberty Bankers Heritage Elite ?

The maximum issue age is 90 years.

What is the current interest rate for Liberty Bankers Heritage Elite ?

The current interest rate is 5.05%.

What is the surrender charge schedule for Liberty Bankers Heritage Elite ?

Surrender charges apply during the initial guarantee period if withdrawals exceed the allowable limits, such as Required Minimum Distributions (RMDs). The Heritage Elite annuity does not allow any penalty-free withdrawals during the surrender charge period, except for RMDs after the first policy year. Withdrawals in excess of RMDs will be subject to declining surrender charges that vary by the length of the selected term, along with a Market Value Adjustment (MVA) where applicable. Once the guarantee period ends, the contract becomes fully liquid with no new surrender charges, and you may renew the policy or access your funds without penalty. Renewals are allowed within the Heritage Elite product line, provided they do not extend past the annuitant’s age 95.

What are the best rates available for Liberty Bankers Heritage Elite ?

The best available rate is 5.25% for a 9 year term.

Liberty Bankers

Liberty Bankers Heritage Elite

About this product

Heritage Elite is a single premium, multi-year guaranteed annuity (MYGA) designed to offer secure, tax-deferred growth through a fixed interest rate over a selected guarantee period. With no penalty-free withdrawals during the term (except RMDs), this annuity is best suited for individuals who do not need liquidity during the initial period and who value full control and access after surrender charges expire.

Available Rates

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

3 Years	5.05%
5 Years	5.25%
7 Years	5.25%
9 Years	5.25%

Available Guarantee Periods

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

$10,000.00 - $1,000,000.00

5.05%

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