Simulation & Edit Mode
Active Product: S.USA Select Choice Plus MYGA – Base + Penalty-Free Withdrawal Rider (Option 3)
S.USA Select Choice Plus MYGA – Base + Penalty-Free Withdrawal Rider (Option 3)
About this product
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 annual liquidity 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.
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 | 4.60% |
| 5 Years | 4.90% |
| 7 Years | 5.05% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $5,000.00 - $99,999.00 | 4.35% |
| $100,000.00 - $1,000,000.00 | 4.60% |
Features
| Maximum Issue Age | 85 years |
Growth Projection
How your money grows
Based on your issue age (80) and target payout age (87), the following guarantee period will be applied:
| Guarantee Period | 7 years |
| Rate | 5.05% |
| Age | 80 - 87 |
Summary
| Total years to payout | 10 |
| Total guarantee periods applied | 2 |
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