What is the minimum guaranteed surrender value for United Life – Performance SPDA (3-, 5-, and 7-year terms)?

Performance SPDA is a Single Premium Deferred Annuity that credits a fixed interest rate for the entire selected guarantee period. The owner makes a one-time premium payment and selects a 3-, 5-, or 7-year term, during which interest grows on a tax-deferred basis. Beginning in the second contract year, the policy allows annual withdrawals up to the prior year’s accumulated interest, with an optional 10% withdrawal rider available at issue for an additional cost. Withdrawals above permitted limits or full surrenders during the guarantee period may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of the guarantee period, the contract continues under renewal terms at the declared renewal rate unless otherwise elected.

What is the minimum premium amount for United Life – Performance SPDA (3-, 5-, and 7-year terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for United Life – Performance SPDA (3-, 5-, and 7-year terms)?

The maximum issue age is 100 years.

What is the current interest rate for United Life – Performance SPDA (3-, 5-, and 7-year terms)?

The current interest rate is 3.4%.

What is the surrender charge schedule for United Life – Performance SPDA (3-, 5-, and 7-year terms)?

Withdrawals above the penalty-free amount or full surrender prior to the end of the term are subject to declining charges:

What are the best rates available for United Life – Performance SPDA (3-, 5-, and 7-year terms)?

The best available rate is 5.05% for a 7 year term.

United Life Insurance Company

United Life – Performance SPDA (3-, 5-, and 7-year terms)

About this product

United Life’s Performance SPDA is a single-premium deferred annuity (SPDA) that provides tax-deferred accumulation at guaranteed fixed interest rates across 3-year, 5-year, and 7-year guarantee periods. Designed for clients seeking higher long-term yields, Performance SPDA offers competitive guaranteed rates with principal protection and includes optional enhanced liquidity through a 10% annual withdrawal rider. The product incorporates a Market Value Adjustment (MVA), allowing higher credited rates in exchange for market-sensitive surrender adjustments, making it suitable for clients with longer-term accumulation goals.

Available Rates

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

3 Years	3.60%
5 Years	5.10%
7 Years	5.05%

Available Guarantee Periods

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

$25,000.00 - $99,999.00	3.4%
$100,000.00 - $1,000,000.00	3.6%

Features
Maximum Issue Age	100 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