What is the minimum guaranteed surrender value for S.USA Select Choice MYGA – Base Contract Only (Option 1)?

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.

What is the minimum premium amount for S.USA Select Choice MYGA – Base Contract Only (Option 1)?

The minimum premium amount is $5,000.

What is the maximum issue age for S.USA Select Choice MYGA – Base Contract Only (Option 1)?

The maximum issue age is 85 years.

What is the current interest rate for S.USA Select Choice MYGA – Base Contract Only (Option 1)?

The current interest rate is 4.45%.

What is the surrender charge schedule for S.USA Select Choice MYGA – Base Contract Only (Option 1)?

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.

What are the best rates available for S.USA Select Choice MYGA – Base Contract Only (Option 1)?

The best available rate is 5.30% for a 7 year term.

S.USA Life Insurance Company, Inc.

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

About this product

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.

Available Rates

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

3 Years	4.70%
5 Years	5.10%
7 Years	5.30%

Available Guarantee Periods

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

$5,000.00 - $99,999.00	4.45%
$100,000.00 - $1,000,000.00	4.7%

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