Milestone Max MYGA
Sagicor Life Insurance Company
5.25%
Best Rate
10%
Free W/D
44
States
Milestone Max MYGA is a fixed annuity that grows your savings at a guaranteed interest rate over 3-7 years, providing predictable income and protection from market risk for retirees seeking stability.
Free Withdrawal
10%/yr
Available In
44 states
Min Premium
$25,000
Surrender
7 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.8% |
| 4-Year | 4.8% |
| 5-Year | 5.2% |
| 6-Year | 5.25% |
| 7-Year | 5.25% |
Key Features
Guaranteed Credited Interest Rates
Rates vary by guarantee period lengthYour premium earns a fixed interest rate that is guaranteed for your chosen contract period, with no market risk or volatility
Flexible Guarantee Periods
3 to 7 years availableChoose contract terms of 3, 4, 5, 6, or 7 years based on your retirement needs and timeline
Annual Penalty-Free Withdrawals
10% of previous anniversary balance, $500 minimumStarting in year two, withdraw up to 10% of your account value annually without surrender charges or fees
Terminal Illness/Nursing Home Access
100% penalty-free withdrawal availableAccess your full account value penalty-free if you become terminally ill or enter a nursing home
Tax-Deferred Growth
Tax-deferred until withdrawalYour earnings grow without immediate tax liability; you only pay taxes when you begin withdrawals
Annuitization Options
Available after first contract anniversaryConvert your savings into regular retirement income with choices including fixed period, life income, or joint survivor options
Required Minimum Distribution (RMD) Support
Available for qualified accounts subject to RMDsIf you have a qualified account, make penalty-free RMD withdrawals starting in year one
No Fees or Front-End Charges
Zero front-end feesYour entire premium goes to work for you with no deductions for administrative or sales charges
Automatic Contract Renewal
Available for 3-, 4-, 5-, and 6-year termsYour contract renews automatically with a new guaranteed rate at penalty-free windows unless you take action
Highlights
Guaranteed fixed interest rates protect your money from market volatility and rate fluctuations
Flexible withdrawal options including penalty-free access for terminal illness, nursing home care, and 10% annual withdrawals
Multiple guarantee periods (3-7 years) let you choose based on your retirement timeline and needs
Tax-deferred growth with no fees or front-end charges, plus full account value passes to beneficiaries
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees who want predictable, guaranteed growth without market risk and prefer a stable income strategy with flexibility for emergencies.
Consider Alternatives If
Investors seeking market growth potential, those who need immediate access to all their funds without penalties, or those in high tax brackets who don't benefit from tax deferral.
Carrier Ratings
Free Comparison Report
Get a personalized Milestone Max MYGA illustration
See year-by-year projections for your specific age, premium, and income goals.