What is the minimum guaranteed surrender value for Royal Neighbors MYGA 3, 5 & 10 ?

Each California MYGA is issued using a one-time lump-sum premium with a guaranteed interest rate fixed for the chosen duration: 3, 5, or 9 years. Interest is credited and compounded daily, and the annuity includes two consecutive interest rate guarantee periods of equal length. These contracts allow for monthly interest withdrawals and come with the Member Emergency Access Rider for qualifying hardship withdrawals. A full death benefit is paid without any surrender charge or market adjustment. Contracts are issued to individuals aged 18 to 85 for non-qualified and IRA plans, and up to 85 for SEP IRAs. Upon completion of the first term, the annuity renews for a second term of equal length at a new declared rate. After the second term, the contract renews annually.

What is the minimum premium amount for Royal Neighbors MYGA 3, 5 & 10 ?

The minimum premium amount is $10,000.

What is the maximum issue age for Royal Neighbors MYGA 3, 5 & 10 ?

The maximum issue age is 85 years.

What is the current interest rate for Royal Neighbors MYGA 3, 5 & 10 ?

The current interest rate is 4.4%.

What is the surrender charge schedule for Royal Neighbors MYGA 3, 5 & 10 ?

A surrender charge applies to full or partial withdrawals made outside of permitted free-withdrawal provisions, including RMDs, interest withdrawals, and emergency events. These charges decline over time and are waived during the final 30 days of the initial guaranteed period. A Market Value Adjustment may also apply based on changes in interest rates. After the second term ends, no additional surrender charges apply.

What are the best rates available for Royal Neighbors MYGA 3, 5 & 10 ?

The best available rate is 5.60% for a 10 year term.

Royal Neighbors of America

Royal Neighbors MYGA 3, 5 & 10

About this product

Royal Neighbors of America’s MYGA 3-, 5-, and 10-Year annuities are single premium deferred annuities designed to deliver tax-deferred growth and guaranteed interest over fixed durations. Each contract features two equal guaranteed interest rate periods—either 3, 5, or 10 years—providing both long-term stability and flexibility for retirement savers. These products include a Market Value Adjustment (MVA), which can impact early withdrawal value based on changes in interest rates, and offer penalty-free options for required distributions, hardship access, and monthly interest payouts.

Available Rates

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

3 Years	4.50%
5 Years	5.25%
10 Years	5.60%

Available Guarantee Periods

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

$10,000.00 - $99,999.00	4.4%
$100,000.00 - $1,000,000.00	4.5%

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