What is the minimum guaranteed surrender value for Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)?

MYAnnuity 5X is a Single Premium Deferred Annuity (SPDA) that guarantees a fixed interest rate for the full 5-year guarantee period. The owner makes a one-time premium payment, and interest grows tax-deferred throughout the term. Because this version uses the 0% Free Withdrawal election, all withdrawals during the 5-year term may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of the 5-year guarantee period, the policy enters a 30-day window during which the owner may renew, surrender, or transfer the contract value without surrender charges or MVA.

What is the minimum premium amount for Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)?

The minimum premium amount is $10,000.

What is the maximum issue age for Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)?

The maximum issue age is 85 years.

What is the current interest rate for Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)?

The current interest rate is 4.75%.

What is the surrender charge schedule for Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)?

Withdrawals above the Free Withdrawal Amount and full surrenders made during the initial Guarantee Period will be subject to a surrender charge and a Market Value Adjustment (MVA). These charges and adjustments may reduce previously credited interest and may reduce principal. During the 30-day Window Period following the end of the Guarantee Period, you may withdraw or surrender without a surrender charge or MVA. Surrender charges and MVA are also waived upon the owner’s death.

What are the best rates available for Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)?

The best available rate is 4.75% for a 5 year term.

Nassau Life Insurance Company (NY)

Nassau Life (NY) – MYAnnuity 5X (0% Free Withdrawal)

About this product

The Nassau MYAnnuity 5X (0% Free Withdrawal) is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Nassau Life Insurance Company (NY). It provides fixed, tax-deferred interest growth with full principal protection over a 5-year guarantee period. By electing the 0% free-withdrawal option, owners receive a higher guaranteed interest rate in exchange for reduced liquidity, making this product well-suited for individuals prioritizing maximum yield, principal safety, and predictable multi-year accumulation. Designed for conservative savers, MYAnnuity 5X delivers stability and guaranteed growth insulated from market volatility.

Available Rates

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

5 Years

4.75%

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