What is the minimum guaranteed surrender value for Mutual of Ohama - Ultra Premier℠?

The Ultra Premier℠ policy offers a guaranteed interest rate locked in for the duration of either 5 or 7 years. It includes waiver provisions that allow the policyholder to make withdrawals without penalties under qualifying conditions. It also includes a 30-day free-look period where you may cancel the policy for any reason and receive a full refund of the premium. This product does not include a return of premium feature, and Market Value Adjustments (MVAs) may apply to early withdrawals.

What is the minimum premium amount for Mutual of Ohama - Ultra Premier℠?

The minimum premium amount is $10,000.

What is the maximum issue age for Mutual of Ohama - Ultra Premier℠?

The maximum issue age is 85 years.

What is the current interest rate for Mutual of Ohama - Ultra Premier℠?

The current interest rate is 4.75%.

What is the surrender charge schedule for Mutual of Ohama - Ultra Premier℠?

The Ultra Premier℠ annuity includes a declining surrender charge schedule that applies during the guaranteed interest rate period. For the 5-year option, surrender charges are 9% in years 1 and 2, 8% in year 3, 7% in year 4, and 6% in year 5. For the 7-year option, charges are 9% in years 1 and 2, 8% in year 3, 5% in year 4, 4% in year 5, 3% in year 6, and 2% in year 7. A Market Value Adjustment (MVA) may also apply to withdrawals or surrenders before the end of the guarantee period. However, the policy offers waivers of these charges under certain conditions such as disability, terminal illness, unemployment, or the death of a spouse or minor dependent. Additionally, a 30-day free-look period allows you to cancel the policy for any reason and receive a full refund of your initial premium without penalty.

What are the best rates available for Mutual of Ohama - Ultra Premier℠?

The best available rate is 8.00% for a 7 year term.

Mutual of Omaha

Mutual of Ohama - Ultra Premier℠

About this product

Ultra Premier℠ is a fixed annuity product offered by United of Omaha Life Insurance Company that provides a competitive guaranteed interest rate for either a 5-year or 7-year period. It is designed for individuals looking for safe, predictable growth on their retirement savings with the added benefit of penalty-free access to funds under specific life circumstances such as disability, terminal illness, or the death of a spouse.

Available Rates

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

5 Years	4.75%
7 Years	8.00%

Available Guarantee Periods

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

$10,000.00 - $1,000,000.00

4.75%

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