Simulation & Edit Mode
Active Product: S.USA Select Choice Plus MYGA – Base + Return of Premium + Penalty-Free Withdrawal Riders (Option 4)
S.USA Select Choice Plus MYGA – Base + Return of Premium + Penalty-Free Withdrawal Riders (Option 4)
About this product
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.
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 | 4.45% |
| 5 Years | 4.60% |
| 7 Years | 4.65% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $5,000.00 - $99,999.00 | 4.20% |
| $100,000.00 - $1,000,000.00 | 4.45% |
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 | 4.65% |
| 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