Palladium MYG
North American Company
5.35%
Best Rate
10%
Free W/D
0
States
A fixed deferred annuity offering guaranteed interest rates over 3-10 year periods with tax-deferred growth and flexible access to your money. Ideal for conservative investors seeking predictable income growth with built-in guarantees.
Free Withdrawal
10%/yr
Available In
0 states
Min Premium
$5,000
Surrender
10 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.9% |
| 5-Year | 5.25% |
| 6-Year | 4.7% |
| 7-Year | 5.35% |
| 8-Year | 5.1% |
| 9-Year | 5.1% |
| 10-Year | 5.25% |
Key Features
Guarantee Period Selection
3 to 10 yearsChoose from multiple fixed-rate guarantee periods to match your financial timeline
Rate Enhancement
Premiums starting at $100,000Receive higher crediting rates during the initial guarantee period for larger deposits
Penalty-Free Withdrawals
10% annual limit (interest-only in NY year 1)Access a portion of your annuity each year without surrender charges during the guarantee period
Tax-Deferred Growth
365-day year compoundingEarnings compound daily without annual tax liability until withdrawal
Emergency Access Waivers
No surrender charges or MVAAccess funds penalty-free if you experience terminal illness, confinement, or disability
Minimum Guaranteed Rate
Declared at issue, guaranteed all contract yearsAfter the initial guarantee period ends, your contract earns at least the stated minimum rate
Surrender Charge Schedule
8% year 1, declining to 0% by year 10-11Charges decline each year, reaching zero after 10-11 years depending on state
Death Benefit Protection
Greater of surrender or annuity value at deathFull contract value passes to named beneficiaries free of probate and surrender charges
Highlights
Fixed interest rates locked in for 3-10 years with guaranteed growth and tax-deferred compounding
Higher interest rates available for premiums of $100,000 or more
10% annual penalty-free withdrawal allowance plus access to funds for health emergencies
Flexible options at maturity: withdraw all funds penalty-free or continue earning with guaranteed minimum rates
Full death benefit passes to beneficiaries without surrender charges or probate delays
Surrender Schedule
Yr 1
8%
Yr 2
8%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Disability waiver, Nursing home waiver, Terminal illness waiver
Best For
Conservative investors nearing or in retirement who want guaranteed growth, predictable income, and the ability to access funds without stock market risk.
Consider Alternatives If
Investors seeking higher returns through market exposure or those who may need immediate access to all their money without any surrender charges.
Carrier Ratings
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