Multi-Year Guaranteed Annuity
Access SPDA
Guarantee terms
4 · 6 yrs
Free withdrawal
10% published tier; confirm timing and exceptions
Market value adj.
Does not apply
Minimum premium
$5,000
Availability
47 jurisdictions (46 states + DC)
Surrender schedule
4-year published CDSC · 4% → 2%
Interest crediting
Compound — CANNEX yield row, no simple-interest flag
Rates effective
Jan 1, 2025
Guaranteed rates by term
The guaranteed annual rate is shown for each term at the $100,000 comparison premium, alongside the full-term effective rate.
Published contract versions. The source publishes two current product instances without consumer-facing version names. The numbered labels keep those rate sets separate; confirm the exact issued contract on a quote.
| TermSurrender schedule | Effective annual rateFull-term comparison | Published annual rateContract rate | Rate structureFull guarantee | $100,000 grows toAt term end | vs. marketSame-day term median |
|---|---|---|---|---|---|
| 4-year4-yr surrender scheduleHighest | 3.25% | 3.25% | Flat throughout | $113,648+$13,648 interest | Not available |
Rate figures use a $100,000 comparison premium and are scoped to the selected contract version. Term-end values are illustrative calculations using the published rate and crediting convention with no withdrawals. Market comparisons appear only when the same-day term distribution includes at least five comparable products.
How 3.25% grows over 4 years
Follow a deposit through the complete guarantee term.
The calculator shows outcomes only when the entered premium matches a published rate band. No rate or ending value is inferred outside those bands.
| Year | Rate credited | Interest | Balance |
|---|---|---|---|
| Year 1 | 3.25% | +$3,250 | $103,250 |
| Year 2 | 3.25% | +$3,356 | $106,606 |
| Year 3 | 3.25% | +$3,465 | $110,070 |
| Year 4 | 3.25% | +$3,577 | $113,648 |
| Compound-equivalent annual rate over the full term | 3.250% | ||
How the number is calculated
- Product
- Access SPDA
- Schedule
- 3.25% for 4 years
- Crediting
- Compound interest
- Ending value
- $113,648
- Effective rate
- 3.250% per year
Equivalent: a flat MYGA paying 3.25% compounded annually reaches the same ending value. Confirm the crediting convention on the issued contract.
Getting money out
What it costs to leave early, and what you can take without a charge.
Surrender charge · 4-year version
Charged on withdrawals above the free amount. A market value adjustment can also raise or lower proceeds during the surrender period when it applies.
Penalty-free access
Items marked “not published” remain questions for the issued contract; this page does not infer answers.
How to think about this contract
Editorial interpretation stays separate from the contract data above.
Where it stands out
- The contract publishes two fixed-rate commitment lengths, each with its own matching surrender schedule.
- A source-backed annual withdrawal allowance is accompanied by nursing-home, terminal-illness, and required-minimum-distribution surrender-charge waivers, subject to contract eligibility.
- The product accepts qualified and non-qualified funds and publishes single-life and joint-life annuitization choices.
What to confirm
- The declared rate changes with both the selected term and premium band, so buyers should compare the exact eligible row rather than a single advertised maximum.
- Withdrawals beyond the published allowance can incur surrender charges; there is no return-of-premium option.
- The contract does not use a market-value adjustment, but it also does not publish a premium bonus or an optional lifetime-income rider.
Contract facts
Everything the normalized public CANNEX contract reports. Gaps are labeled, not guessed.
Premium
$5,000 minimum
$1,000,000 maximum
Issue ages
0–89 or 0–100 (annuitant and owner; applicability by range not published)
Joint contracts available.
Fund types
Non-qualified · Qualified
Continuation code S; confirm meaning in the contract.
Ownership
Corporation · Joint · Single · Trust
Annuitant: Joint · Single
Death benefit
Death Benefit - CV
Surrender charges may apply under contract terms.
Premium bonus
None published
A first-year interest rate is not a premium bonus.
Systematic withdrawals
Available
Minimum-withdrawal rule applies.
Bailout provision
Not available
Return of premium
Does not apply
Early surrender can return less than premium.
Free-look period
Available; length not published
Length can vary by state; confirm on delivery.
Annuitization
Certain period · Joint life · Single life
Maximum annuitization age: 110 years
Fees and charges
None published
Contract versions
2
Published rate set 1 · Published rate set 2
Source
CANNEX via AdvisorWorld
Normalized facts observed Sep 18, 2026.
State availability
47 jurisdictions (excl. Alaska, Hawaii, Maine, New York) in the current feed. The grid shows availability only; it does not apply one rate version to every jurisdiction. Outlined entries have their own named rate version when the feed identifies one.