Sagicor Milestone MYGA (California)
About this product
The Milestone MYGA is a single premium deferred fixed annuity offering multi-year guaranteed interest rates. It is designed to grow savings safely and predictably with no exposure to market volatility. During the selected guarantee period, the premium earns a fixed interest rate on a tax-deferred basis. After the guarantee period ends, clients have the option to withdraw funds without penalty, continue growing the annuity, or annuitize for income. It’s tailored for those seeking secure, predictable returns and flexible retirement income options
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.95% |
| 4 Years | 4.95% |
| 5 Years | 5.35% |
| 6 Years | 5.30% |
| 7 Years | 5.30% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $15,000.00 - $49,999.00 | 3.95% |
| $50,000.00 - $99,999.00 | 4.7% |
| $100,000.00 - $1,000,000.00 | 4.95% |
| Features | |
| Maximum Issue Age | 90 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