NexAnnuity Nex3, Nex5, Nex7, Nex10 MYGA
About this product
The NexAnnuity Nex3, Nex5, Nex7, and Nex10 MYGA products are single premium deferred annuities offering guaranteed interest rates over 3-, 5-, 7-, and 10-year terms, respectively. Designed for conservative investors seeking stable, tax-deferred growth, each product guarantees principal protection and predictable accumulation. The annuities provide flexible access through optional riders such as the Free Withdrawal Rider and the Nursing Home Waiver, and include a built-in death benefit feature to support estate and succession planning.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 5.75% |
| 5 Years | 5.75% |
| 7 Years | 5.00% |
| 10 Years | 5.00% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $1,000,000.00 | 5.75% |
| Features | |
| Maximum Issue Age | 85 years |
Lifetime Income Details
Payout Options
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