What is the minimum guaranteed surrender value for Royal Neighbors MYGA 3, 5 & 9 (California Only)?

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 & 9 (California Only)?

The minimum premium amount is $10,000.

What is the maximum issue age for Royal Neighbors MYGA 3, 5 & 9 (California Only)?

The maximum issue age is 85 years.

What is the current interest rate for Royal Neighbors MYGA 3, 5 & 9 (California Only)?

The current interest rate is 4.3%.

What is the surrender charge schedule for Royal Neighbors MYGA 3, 5 & 9 (California Only)?

The Surrender Charge will apply to a full or partial surrender of the premiums paid. The charge does not apply to any distribution of interest earnings. The Surrender Charges are based on the length of the MYGA term. For the 3-Year MYGA, the charges are 9%, 8%, and 7% respectively in years 1 to 3. For the 5-Year MYGA, charges are 9%, 8%, 7%, 6%, and 5% in years 1 to 5. For the 9-Year MYGA, charges begin at 9% and gradually decline each year to 0.5% in year 10, followed by 0% beyond year 10. However, California MYGAs are not subject to a Market Value Adjustment and include a penalty-free 30-day window before each renewal term where no surrender charges apply

What are the best rates available for Royal Neighbors MYGA 3, 5 & 9 (California Only)?

The best available rate is 5.50% for a 9 year term.

Royal Neighbors of America

Royal Neighbors MYGA 3, 5 & 9 (California Only)

About this product

The California MYGA series from Royal Neighbors of America offers guaranteed growth for a fixed term of 3, 5, or 9 years using a single premium deferred annuity structure. These products are specifically tailored to meet California regulatory requirements and exclude the Market Value Adjustment (MVA) feature. Each annuity earns interest at a fixed rate that is guaranteed for the entire term, providing tax-deferred accumulation and predictable growth. The California MYGAs are best suited for individuals seeking conservative long-term savings without exposure to market volatility, and they are backed by the financial strength of Royal Neighbors of America.

Available Rates

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

3 Years	4.40%
5 Years	5.15%
9 Years	5.50%

Available Guarantee Periods

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

$10,000.00 - $99,999.00	4.3%
$100,000.00 - $1,000,000.00	4.4%

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