Best available rate
5.1%
7-yr guarantee · 7-yr surrender schedule · $100,000+ premium
Up to 5.1% depending on guarantee term and premium band.
View all rates and terms ↓10%
Free W/D
46
Available jurisdictions
Rates as of August 26, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Select Choice
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this S.USA Life Insurance Company, Inc. product.
Live product data
Rates as of August 26, 2026, from AdvisorWorld and CANNEX.
Seven-year guaranteed rate
5.1% guaranteed for 7 years
A multi-term S.USA Life MYGA with a live guaranteed-rate ladder and broad state availability.
Best fit
Conservative buyers who can align a fixed guarantee period with money they do not expect to need early.
Available guarantee terms
3, 5, and 7 years
AM Best
A- Excellent
Available surrender terms
3, 5, and 7 years
Free withdrawal
10%/yr
Availability
46 jurisdictions (restricted footprint)
Product analyst notes
How to think about this contract
Why it can stand out
- Several guarantee periods allow a buyer to match the fixed-rate lock to a defined horizon.
- The current filing includes an annual free-withdrawal provision and market-value-adjustment detail.
- The state footprint is broad and includes New York in the current CANNEX list.
What to confirm
- The selected guarantee period and surrender schedule should be compared before treating a shorter rate lock as shorter liquidity commitment.
- A market value adjustment can change early-surrender proceeds beyond the stated surrender charge.
- S.USA Life carries an A-minus A.M. Best rating, below some larger MYGA competitors.
Not ideal for
Buyers seeking index-linked upside, guaranteed lifetime income, unrestricted liquidity, or a higher-rated carrier.
Free Comparison Report
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Guaranteed Rates by Term
CANNEX identifies each state, MVA, and liquidity-rider version below. Compound-equivalent annual rates are the primary comparison measure; the carrier's quoted simple-interest rate remains visible beneath each value.
| Contract version | Term | Surrender term | Rate effective | $2,000–$99,999Premium · comparable annual rate | $100,000+Premium · comparable annual rate |
|---|---|---|---|---|---|
| Most states · MVA · No liquidity rider | 3-Year | 3-Year schedule | Apr 1, 2026 | 4.1%Rate convention not stated | 4.35%Rate convention not stated |
| Most states · MVA · No liquidity rider | 3-Year | 3-Year schedule | Apr 1, 2026 | 4.25%Rate convention not stated | 4.5%Rate convention not stated |
| Most states · MVA · No liquidity rider | 5-Year | 5-Year schedule | Apr 1, 2026 | 4.35%Rate convention not stated | 4.6%Rate convention not stated |
| Most states · MVA · No liquidity rider | 5-Year | 5-Year schedule | Apr 1, 2026 | 4.65%Rate convention not stated | 4.9%Rate convention not stated |
| Most states · MVA · No liquidity rider | 7-Year | 7-Year schedule | Apr 1, 2026 | 4.5%Rate convention not stated | 4.7%Rate convention not stated |
| Most states · MVA · No liquidity rider | 7-Year | 7-Year schedule | Apr 1, 2026 | 4.9%Rate convention not stated | 5.1%Rate convention not stated |
| NH / NY · MVA · No liquidity rider | 3-Year | 3-Year schedule | Apr 1, 2026 | 4%Rate convention not stated | 4.45%Rate convention not stated |
| NH / NY · MVA · No liquidity rider | 3-Year | 3-Year schedule | Apr 1, 2026 | 4.15%Rate convention not stated | 4.6%Rate convention not stated |
| NH / NY · MVA · No liquidity rider | 5-Year | 5-Year schedule | Apr 1, 2026 | 4.15%Rate convention not stated | 4.55%Rate convention not stated |
| NH / NY · MVA · No liquidity rider | 5-Year | 5-Year schedule | Apr 1, 2026 | 4.45%Rate convention not stated | 4.85%Rate convention not stated |
| NH / NY · MVA · No liquidity rider | 7-Year | 7-Year schedule | Apr 1, 2026 | 4.15%Rate convention not stated | 4.7%Rate convention not stated |
| NH / NY · MVA · No liquidity rider | 7-Year | 7-Year schedule | Apr 1, 2026 | 4.55%Rate convention not stated | 5.1%Rate convention not stated |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
1RMD waiver
Death benefit
Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single lifeContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
3-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
After
0%
3-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
After
0%
3-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
After
0%
3-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
After
0%
5-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
After
0%
5-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
After
0%
5-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
After
0%
5-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
After
0%
7-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
2%
Yr 7
100%
After
0%
7-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
2%
Yr 7
100%
After
0%
7-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
2%
Yr 7
100%
After
0%
7-Year Version
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
2%
Yr 7
100%
After
0%
RMD waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
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See how Select Choice compares for your age, state, premium, and income goals alongside other S.USA Life Insurance Company, Inc. MYGA options.