Simulation & Edit Mode
Active Product: The Standard – Multi Choice Annuity (3, 5, 7, 10 Year Terms)
The Standard – Multi Choice Annuity (3, 5, 7, 10 Year Terms)
About this product
The Standard Multi Choice Annuity (MCA) is a single premium Multi-Year Guaranteed Annuity (MYGA) issued by Standard Insurance Company. It provides long-term, tax-deferred growth with guaranteed fixed interest and full principal protection. Designed for conservative investors seeking predictable accumulation and liquidity flexibility, the Multi Choice Annuity allows clients to choose from 3-, 5-, 7-, or 10-year guarantee periods. Optional features include the Return of Premium (ROP) benefit and enhanced penalty-free withdrawal provisions, offering both growth and security within a flexible structure.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 3 Years | 4.90% |
| 5 Years | 5.10% |
| 7 Years | 5.25% |
| 10 Years | 5.40% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $15,000.00 - $99,999.00 | 4.80% |
| $100,000.00 - $499,999.00 | 4.90% |
| $500,000.00 - $1,000,000.00 | 5.00% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (65), the following guarantee period will be applied:
| Guarantee Period | 10 years |
| Rate | 5.40% |
| Age | 55 - 65 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 3 |
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