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Withdrawals exceeding the allowed 10% annual free amount or made outside of the 30-day window are subject to surrender charges and MVA unless covered by a qualifying waiver. The ROP rider ensures that the full original premium (less any previous withdrawals and taxes) is returned in the event of full surrender. Charges start at 9% in year 1 and decrease annually over the contract term. During the 30-day window and at death, no surrender charges or MVA apply.

The full accumulation value is paid to beneficiaries. No surrender charges or MVA apply upon death.

This product is eligible for both qualified and non-qualified funds. Accepted plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. Use with 403(b) accounts may be possible depending on platform approval. The minimum premium is $2,000, and the maximum is $5,000,000 (with amounts over $1,000,000 requiring Home Office approval). The issue age range is 0 to 85, with a qualified minimum age of 18.

At the end of the 3-, 5-, or 7-year guarantee period, the contract enters a 30-day window where policyholders can surrender or partially withdraw funds with no surrender charges or MVA. If no action is taken during this window, the contract automatically renews with updated rates and a new surrender charge schedule. Both the ROP and PFW riders remain active during the renewal period.

The surrender value equals the contract’s accumulation value minus any withdrawals. Withdrawal charges and MVA are waived for any partial or full surrender

S.USA Select Choice Plus with Return of Premium, and Penalty Free Withdrawals (Option 4) is the most flexible configuration of the Select Choice Plus MYGA, combining the Return of Premium (ROP) and Penalty Free Withdrawal (PFW) riders. This version offers both annual liquidity and full principal protection. Clients can withdraw up to 10% of their contract value annually without surrender charges or MVA, and also have the ability to fully surrender the contract at any time and recover the initial premium (less prior withdrawals and taxes). Terminal illness and confinement waivers add further flexibility in case of unexpected health events.

Surrender charges apply to withdrawals exceeding the allowed 10% annual free amount unless they qualify under the terminal illness or confinement waivers. Charges start at 9% in year 1 and decrease over the term selected. Withdrawals may also be subject to a Market Value Adjustment (MVA), which can increase or decrease the surrender value depending on market rates. No charges or MVA apply during the 30-day window or upon death.

The full accumulation value is paid out as a death benefit with 

This product supports both qualified and non-qualified funds. Accepted plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. 403(b) compatibility may be available depending on the custodian platform. The minimum premium is $2,000, with a maximum of $5,000,000 (any premium over $1 million requires pre-approval from the Home Office). Issue ages range from 0 to 85, with qualified accounts requiring a minimum age of 18.

At the end of the 3-, 5-, or 7-year initial guarantee period, contract owners receive a 

 to take full or partial withdrawals without surrender charges or MVA. If no action is taken, the contract 

 with a fresh rate and withdrawal charge schedule. The PFW rider continues into the new period.

The surrender value equals the contract’s accumulation value minus withdrawal charges/MVA. Withdrawal charges and MVA are waived for up to 10% of the annuity's accumulated value, each year.

S.USA Select Choice Plus MYGA with Penalty Free Withdrawals (Option 3)

 is a fixed multi-year guaranteed annuity (MYGA) designed for clients who value 

 alongside guaranteed accumulation. This option includes a Penalty-Free Withdrawal (PFW) rider, which allows policyholders to withdraw up to 10% of their annuity's accumulated value, without incurring surrender charges or Market Value Adjustment (MVA). Terminal illness and confinement waivers are also included, adding a layer of protection in the event of unexpected health events.

Withdrawals during the guarantee period are subject to a declining surrender charge schedule unless qualifying under RMD provisions, the final 30-day window, or the ROP benefit. Charges begin at 9% in year 1 and reduce annually depending on the term. Full surrender at any time is allowed under the Return of Premium rider, which guarantees a refund of the initial premium minus prior withdrawals and applicable taxes. A Market Value Adjustment (MVA) may apply to non-qualified withdrawals exceeding the allowable amount, unless covered by rider provisions.

This product accepts both qualified and non-qualified funds. Eligible plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. 403(b) accounts may be supported depending on the custodian platform. The minimum premium is $2,000, with a maximum of $5,000,000 (contracts above $1,000,000 require pre-approval). Issue ages range from 0 to 85, with qualified plans requiring a minimum age of 18.

This fixed multi-year guaranteed annuity offers guaranteed interest rates for 3-, 5-, or 7-year terms, with automatic renewal unless surrendered during a 30-day window. The Return of Premium (ROP) rider guarantees the full return of at least initial contribution if the contract is fully surrendered.

At the end of the 3-, 5-, or 7-year initial guarantee period, a 30-day window is provided for policyholders to make full or partial withdrawals without incurring surrender charges or MVA. If no action is taken during this time, the contract will automatically renew, subject to a new rate and updated surrender schedule. The Return of Premium rider remains active and applicable during the renewal period.

The surrender value equals the accumulation value minus surrender charges and MVA unless the ROP rider is triggered. In that case, the client is guaranteed the full return of premium, less previous withdrawals and premium taxes.

S.USA Select Choice Plus  MYGA – Option 2

 rider to the base Select Choice Plus annuity, providing guaranteed access to at least the full initial premium in the event of a full contract surrender. This configuration is designed for conservative investors who prioritize refund flexibility alongside competitive fixed interest rates. With the ROP rider, policyholders can recover their original investment (less prior withdrawals and premium taxes) at any time, providing peace of mind and exit flexibility.

Surrender charges apply to any full or partial withdrawal made during the guarantee period, unless within the 30-day window or RMD-qualified.

Full accumulation value is paid to beneficiaries as a death benefit. No surrender charges or MVA apply upon death.

This product is eligible for both qualified and non-qualified funds. Accepted plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. Use with 403(b) accounts may be allowed depending on the custodian platform. The minimum premium is $2,000, and the maximum premium is $5,000,000 (with amounts over $1 million subject to home office approval). The issue age range is 0 to 85, with a qualified minimum age of 18.

This single premium deferred annuity provides fixed interest rate guarantees for a 3-, 5-, or 7-year period.

At the end of the 3-, 5-, or 7-year initial guarantee period, contract holders have a 30-day window to take full or partial withdrawals without incurring surrender charges or MVA. If no action is taken, the contract will automatically renew, subject to the then-current rates and surrender schedule. The MVA provision continues to apply during subsequent guarantee periods.

The surrender value is equal to the accumulation value minus any applicable surrender charges and MVA. Since no return-of-premium or withdrawal riders are included, the full contract value is subject to the standard charge schedule and MVA when applicable.

S.USA Select Choice Plus MYGA – Option 1 is the base version of the Select Choice Plus multi-year guaranteed annuity (MYGA) series. It offers the highest interest rates among all Select Choice Plus options and includes RMD-friendly withdrawals. Designed for clients focused purely on accumulation, this option does not include any withdrawal or refund riders, making it ideal for long-term investors who can leave funds untouched throughout the guarantee period and want maximum yield potential.

Withdrawals made during the guarantee period may be subject to a declining surrender charge schedule unless covered by the Penalty-Free Withdrawal rider or applicable waivers. Charges start at 7% in year 1 and decrease annually depending on the term selected. The Return of Premium rider ensures that the full initial premium (minus prior withdrawals and premium taxes) is returned in the event of a full surrender. A 30-day window at the end of the term allows access without charges or MVA. After renewal, the contract enters a new 5-year term with its own surrender charge and MVA structure.

Full accumulation value is paid to beneficiaries as a death benefit. No surrender charges or MVA will apply upon death.

This product supports both qualified and non-qualified funds. Eligible plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. 403(b) compatibility may depend on the custodial platform. The minimum premium is $5,000 for non-qualified accounts and $2,000 for qualified funds. The issue age range is 0 to 85, with a qualified minimum age of 18.

At the end of the 3-, 5-, or 7-year initial guarantee period, the contract includes a 30-day window to make full or partial withdrawals without surrender charges or MVA. If no action is taken, the contract automatically renews with new rates, a fresh surrender schedule, and MVA provisions. All included riders (ROP and PFW) continue to apply in the renewal period per contract terms.

The surrender value equals the contract’s accumulation value minus any applicable surrender charges and MVA. However, the ROP rider guarantees that the contract owner will receive no less than the original premium (minus any previous withdrawals and applicable taxes) upon full surrender.

S.USA Select Choice MYGA Base + ROP + PFW (Option 4)

 is the most flexible version of the Select Choice MYGA. It combines the benefits of both the Return of Premium (ROP) and Penalty Free Withdrawal (PFW) riders, providing policyholders with guaranteed access to their initial premium and the ability to withdraw up to 10% of their contract value annually, beginning in the second year, without incurring withdrawal charges or market value adjustment (MVA). Additionally, this option includes waivers for terminal illness and confinement, where available. It is ideal for clients seeking security, liquidity, and growth through a fixed rate MYGA with strong downside protection.

Withdrawals made during the initial guarantee period are subject to a declining surrender charge schedule based on the contract year. The charge begins at 7% in year 1 and gradually decreases each year over the 3-, 5-, or 7-year term, reaching 0% at the end of the term. A 30-day window at the end of each guarantee period allows full or partial withdrawals without surrender charges or market value adjustment (MVA). If no action is taken during this window, the contract automatically renews into a new 5-year guarantee period with its own withdrawal charges and MVA. Partial withdrawals that exceed the penalty-free limits (if applicable), as well as full surrenders outside the window, will incur withdrawal charges and may be subject to MVA, depending on the interest rate environment.

The full accumulation value is paid out as the death benefit with no surrender charges or MVA applied, regardless of contract status at time of death.

This product is available for both qualified and non-qualified funds. Eligible plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. 403(b) eligibility may be permitted depending on the custodian platform. The minimum premium is $5,000 for non-qualified contracts and $2,000 for qualified contracts. The issue age range is 0 to 85, with a qualified minimum age of 18.

At the end of the 3-, 5-, or 7-year initial guarantee period, contract holders will have a 30-day window to make full or partial withdrawals without incurring any surrender charges or MVA. If no action is taken, the contract automatically renews, subject to the then-current carrier pricing. Withdrawals during this new term are again subject to surrender charges and MVA unless the PFW rider conditions are met.

The surrender value is the accumulation value minus any applicable surrender charges and market value adjustment (MVA), unless waived under the Penalty-Free Withdrawal provision or illness/confinement waivers. Withdrawals within the 10% free amount or qualifying for waivers will not reduce the surrender value by fees.

S.USA Select Choice MYGA – Base + Penalty-Free Withdrawal Rider (Option 3) 

is a single premium deferred fixed annuity that adds liquidity flexibility through a built-in Penalty-Free Withdrawal (PFW) rider. This option allows contract holders to access up to 10% of their contract value annually, free of withdrawal charges or market value adjustment (MVA), starting in the second contract year. It also includes waivers for terminal illness and confinement (where available), making it well-suited for clients who value access to their funds in case of unforeseen circumstances while still earning competitive fixed interest rates over a guaranteed 3-, 5-, or 7-year term.

This product is available for both qualified and non-qualified funds. Acceptable plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. Use in 403(b) plans may be permitted depending on platform approval. The minimum premium is $5,000 for non-qualified funds and $2,000 for qualified accounts. The issue age range is 0 to 85, with a qualified minimum age of 18.

S.USA Select Choice is a multi-year guaranteed annuity (MYGA) offering a 3-, 5-, or 7-year interest rate guarantee. If no action is taken during the 30-day window at the end of the initial guarantee period, the contract renews into a 5-year subsequent guarantee period with a new surrender schedule and MVA. The Return of Premium rider guarantees that the client can surrender the contract at any time and receive back the initial premium (less withdrawals and premium taxes), offering a valuable fallback for early exit scenarios.

At the end of the initial 3-, 5-, or 7-year guarantee period, contract holders will have a 30-day window during which they may surrender the contract or make a partial withdrawal without incurring any surrender charges or market value adjustment (MVA). If no action is taken during this window, the contract will automatically renew, with updated rates, withdrawal charge schedule, and MVA terms. Surrender charges and MVA will apply during the new guarantee period unless waived under specific contract provisions.

The surrender value is equal to the accumulation value minus any applicable surrender charges and MVA. With the Return of Premium rider included, contract holders are guaranteed to receive at least their full initial contribution (minus any withdrawals or premium taxes) upon full surrender.

S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)

 is a single premium deferred fixed annuity designed for conservative investors who value both guaranteed growth and principal protection. This version of the Select Choice MYGA includes a Return of Premium (ROP) rider, which ensures that in the event of a full contract surrender, the owner will receive no less than their initial premium, minus any previous withdrawals and applicable premium taxes.  It is especially well-suited for individuals who want a safety net in case their needs change before the contract matures.

Withdrawals made during the initial guarantee period are subject to a declining surrender charge schedule based on the contract year. The charge begins at 7% in year 1 and gradually decreases each year over the 3-, 5-, or 7-year term, reaching 0% at the end of the term. A 30-day window at the end of each guarantee period allows full or partial withdrawals without surrender charges or market value adjustment (MVA). If no action is taken during this window, the contract automatically renews into a new 5-year guarantee period with its own withdrawal charges and MVA. Partial withdrawals that exceed the penalty-free allowance, as well as full surrenders outside the window, will incur withdrawal charges and may be subject to an MVA, depending on the interest rate environment.

This product is available for both qualified and non-qualified plans. Eligible plan types include non-qualified accounts, Traditional IRAs, Roth IRAs, SEP IRAs, Inherited IRAs, and rollovers from 401(a) or 401(k) plans. Availability through 403(b) Tax-Sheltered Annuities may be possible depending on the platform used. The minimum premium is $5,000 for non-qualified funds and $2,000 for qualified funds. Issue ages range from 0 to 85, with a qualified issue age minimum of 18.

This is a single premium deferred annuity with fixed interest rate guarantees for 3, 5, or 7 years. During the final 30 days of the selected term, clients may take full or partial withdrawals without incurring any withdrawal charges or MVA. If no action is taken during that window, the contract automatically renews into a new 5-year guarantee period, subject to a new surrender charge schedule and applicable market value adjustments (MVA). The base contract does not include any withdrawal or return-of-premium riders, focusing instead on offering the highest available yield for the selected term and premium band.

The surrender value is equal to the accumulation value minus any applicable surrender charges and MVA. Since no riders are included, there is no guaranteed return of premium.

S.USA Select Choice MYGA – Base Contract Only (Option 1) 

is the core configuration of this fixed multi-year guaranteed annuity (MYGA) product, offering the highest available interest rates among all Select Choice options. This product is designed for individuals seeking maximum guaranteed accumulation over a fixed term of 3, 5, or 7 years without adding optional riders. Its simplicity, competitive crediting rates, and automatic renewal structure make it a powerful solution for investors aiming for predictable, tax-deferred growth with long-term planning flexibility.

S.USA Select Choice Plus MYGA – Base + Return of Premium + Penalty-Free Withdrawal Riders (Option 4)

S.USA Select Choice Plus MYGA – Base + Penalty-Free Withdrawal Rider (Option 3)

S.USA Select Choice Plus MYGA – Base + Return of Premium Rider (Option 2)

S.USA Select Choice Plus MYGA – Base Contract Only (Option 1)

S.USA Select Choice MYGA – Base + Return of Premium + Penalty-Free Withdrawal Riders (Option 4)

S.USA Select Choice MYGA - Base + Penalty Free Withdrawal Rider (Option 3)

S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)

S.USA Select Choice MYGA – Base Contract Only (Option 1)