What is the minimum guaranteed surrender value for S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)?

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.

What is the minimum premium amount for S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)?

The minimum premium amount is $5,000.

What is the maximum issue age for S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)?

The maximum issue age is 85 years.

What is the current interest rate for S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)?

The current interest rate is 4.3%.

What is the surrender charge schedule for S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)?

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.

What are the best rates available for S.USA Select Choice MYGA – Base + Return of Premium Rider (Option 2)?

The best available rate is 4.90% for a 7 year term.

S.USA Life Insurance Company, Inc.

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

About this product

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.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	4.55%
5 Years	4.80%
7 Years	4.90%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$5,000.00 - $99,999.00	4.3%
$100,000.00 - $1,000,000.00	4.55%

Features
Maximum Issue Age	85 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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