Multi-Year Guaranteed Annuity
Simple Annuity
Guarantee terms
4 · 6 yrs
Free withdrawal
5% published tier; confirm timing and exceptions
Market value adj.
Applies
Minimum premium
$10,000
Availability
49 jurisdictions (48 states + DC)
Texas representative surrender schedule
4-year Texas representative published CDSC · 9% → 6%
Interest crediting
Compound — CANNEX yield row, no simple-interest flag
Texas representative rates effective
Jun 8, 2026
Guaranteed rates by term
The guaranteed annual rate is shown for each term at the $100,000 comparison premium, alongside the full-term effective rate.
Texas representative rates and contract schedule. Rates and any linked contract schedule come from the Texas qualified response; other jurisdictions can differ.
| TermSurrender schedule | Effective annual rateFull-term comparison | Published annual rateContract rate | Rate structureFull guarantee | $100,000 grows toAt term end | vs. marketSame-day term median |
|---|---|---|---|---|---|
| 4-year4-yr surrender schedule | 5.25% | 5.25% | Flat throughout | $122,712+$22,712 interest | +0.25 ptsmedian 5.00% · n=33 |
| 6-year6-yr surrender scheduleHighest | 5.50% | 5.50% | Flat throughout | $137,884+$37,884 interest | +0.30 ptsmedian 5.20% · n=31 |
Rate figures use a $100,000 comparison premium and are scoped to the selected contract version. Term-end values are illustrative calculations using the published rate and crediting convention with no withdrawals. Market comparisons appear only when the same-day term distribution includes at least five comparable products.
How 5.25% grows over 4 years
Follow a deposit through the complete guarantee term.
The calculator shows outcomes only when the entered premium matches a published rate band. No rate or ending value is inferred outside those bands.
| Year | Rate credited | Interest | Balance |
|---|---|---|---|
| Year 1 | 5.25% | +$5,250 | $105,250 |
| Year 2 | 5.25% | +$5,526 | $110,776 |
| Year 3 | 5.25% | +$5,816 | $116,591 |
| Year 4 | 5.25% | +$6,121 | $122,712 |
| Compound-equivalent annual rate over the full term | 5.250% | ||
How the number is calculated
- Product
- Simple Annuity
- Schedule
- 5.25% for 4 years
- Crediting
- Compound interest
- Ending value
- $122,712
- Effective rate
- 5.250% per year
Equivalent: a flat MYGA paying 5.25% compounded annually reaches the same ending value. Confirm the crediting convention on the issued contract.
Getting money out
What it costs to leave early, and what you can take without a charge.
Texas representative contract schedule · 4-year version
Rates and any linked contract schedule come from the Texas qualified response; other jurisdictions can differ.
Charged on withdrawals above the free amount. A market value adjustment can also raise or lower proceeds during the surrender period when it applies.
Penalty-free access
Items marked “not published” remain questions for the issued contract; this page does not infer answers.
How to think about this contract
Editorial interpretation stays separate from the contract data above.
Where it stands out
- Four-year and six-year guarantee choices provide two fixed-rate commitment periods.
- The contract publishes an annual free-withdrawal allowance plus nursing-home and terminal-illness surrender-charge waivers.
- Qualified and non-qualified funding are supported, with single-life, joint-life, and period-certain annuitization choices published in the contract data.
What to confirm
- A market value adjustment can raise or lower the amount received on withdrawals beyond the free allowance during the surrender period.
- The applicable surrender schedule is state-qualified rather than published on the state-neutral record. Confirm the issued schedule on a quote.
- Return of premium does not apply, and no optional lifetime-income rider is offered for this contract.
Contract facts
Everything the normalized public CANNEX contract reports. Gaps are labeled, not guessed.
Premium
$10,000 minimum
$2,000,000 maximum
Issue ages
18–85 (annuitant and owner)
Joint contracts available.
Fund types
Non-qualified · Qualified
Continuation code S; confirm meaning in the contract.
Ownership
Corporation · Joint · Single · Trust
Annuitant: Joint · Single
Death benefit
Standard Death Benefit
Surrender charges and a market value adjustment may apply under contract terms.
Premium bonus
None published
A first-year interest rate is not a premium bonus.
Systematic withdrawals
Available
Minimum-withdrawal rule applies.
Bailout provision
Not available
Return of premium
Does not apply
Early surrender can return less than premium.
Free-look period
Available; length not published
Length can vary by state; confirm on delivery.
Annuitization
Certain period · Joint life · Single life
Maximum annuitization age: 95 years
Fees and charges
None published
Contract versions
1
Most states · MVA · No liquidity rider
Source
CANNEX via AdvisorWorld
Normalized facts observed Sep 9, 2026.
State availability
49 jurisdictions (excl. Maine, New York) in the current feed. The grid shows availability only; it does not apply the Texas representative rates or contract schedule to every jurisdiction. Outlined entries have their own named rate version when the feed identifies one.