Multi-Year Guaranteed Annuity

Reliance Guarantee

Standard

4.95%

Best Rate

10%

Free W/D

51

States

A fixed annuity that guarantees your interest rate for 5, 7, or 10 years while your money grows tax-deferred. Designed for safety-conscious investors who want predictable returns without stock market exposure.

Free Withdrawal

10%/yr

Available In

51 states

Min Premium

$20,000

Surrender

10 years

Guaranteed Rates by Term

TermGuaranteed Rate
5-Year4.65%
7-Year4.85%
10-Year4.95%

Key Features

Guaranteed Interest Rate

5.35% (5-year), 5.35% (7-year), 5.05% (10-year) as of 10/1/2023

Your rate is fixed and guaranteed for the full initial term (5, 7, or 10 years depending on product chosen). Interest rates are subject to change for new deposits only.

Penalty-Free Withdrawals

Up to 10% annually, minimum $100–$500 per transaction

You can withdraw up to 10% of your premium in year one, then up to 10% of your annuity value each year thereafter without early withdrawal penalties.

Nursing Home Care Waiver

Up to 25% annually while confined

If you're confined to a qualified nursing home for 90 consecutive days after issue (and were age 74 or younger at issue), you can withdraw up to 25% of annuity value penalty-free each year.

Surrender Charges

5-year: 9%→0%; 7-year: 9%→0%; 10-year: 9%→0% over respective terms

Decline over time during the guarantee period (9% in year 1 of 5-year product down to 0% after year 5; longer terms have extended schedules). No charges after the guarantee period ends.

Market Value Adjustment (MVA)

Applied only if withdrawal exceeds penalty-free amount during guarantee period

If you withdraw more than the penalty-free amount during the guarantee period, your value adjusts based on current interest rates vs. your contract rate. You receive a positive adjustment if rates have risen; a negative adjustment if rates have fallen.

Minimum Guaranteed Interest Rate

2.70% (5 & 7-year), 2.70% (10-year)

After the guarantee period ends, your rate renews annually at a rate no lower than the minimum guaranteed rate stated in your contract.

Tax-Deferred Growth

Applicable to all account types

Interest compounds without annual tax liability. Available for non-qualified, Traditional IRA, Roth IRA, SEP-IRA, and Pension Trust accounts.

Death Benefit

Equal to annuity value on date of death

Upon your death, your beneficiary receives the full annuity value as of the date of death.

Highlights

1

Guaranteed interest rates for 5, 7, or 10 years with no market risk to your principal

2

Tax-deferred growth with 100% of premium earning interest from day one

3

10% penalty-free withdrawal access each year plus nursing home care waiver option

4

No surrender charges after the guarantee period ends; automatic renewal at current rates

Surrender Schedule

Yr 1

8%

Yr 2

8%

Yr 3

7%

Yr 4

6%

Yr 5

5%

Yr 6

4%

Yr 7

3%

Yr 8

2%

Yr 9

1%

Yr 10

0.5%

After

0%

Nursing home waiver

Best For

Safety-conscious investors nearing or in retirement who want guaranteed, predictable income growth without stock market exposure and appreciate fixed terms.

Consider Alternatives If

Investors who may need full access to their funds within the guarantee period without penalty, or those seeking higher returns from market-linked investments.

Carrier Ratings

A.M. BestA++
Standard & Poor'sA+

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