What is the minimum guaranteed surrender value for Western Catholic Union 3, 4, and 5 Year MYGA?

The annuity allows individuals to make a single premium payment and guarantees a fixed return for the chosen term. Interest is compounded daily, and contract owners may take penalty-free withdrawals annually up to 10%. It is available in both qualified and non-qualified plans, supports joint spousal ownership, and includes a death benefit equal to the full account value. At the end of the term, surrender penalties no longer apply.

What is the minimum premium amount for Western Catholic Union 3, 4, and 5 Year MYGA?

The minimum premium amount is $10,000.

What is the maximum issue age for Western Catholic Union 3, 4, and 5 Year MYGA?

The maximum issue age is 96 years.

What is the current interest rate for Western Catholic Union 3, 4, and 5 Year MYGA?

The current interest rate is 4.2%.

What is the surrender charge schedule for Western Catholic Union 3, 4, and 5 Year MYGA?

Distributions that exceed the 10% penalty-free withdrawal allowance are subject to a surrender fee starting at 8% in the first contract year and decreasing by one percent each year until the eighth year, after which no surrender charges apply. No surrender penalties are assessed once the initial term has ended

What are the best rates available for Western Catholic Union 3, 4, and 5 Year MYGA?

The best available rate is 4.50% for a 5 year term.

Western Catholic Union

Western Catholic Union 3, 4, and 5 Year MYGA

About this product

The Western Catholic Union Multi-Year Guarantee Annuity (MYGA) is designed to provide a guaranteed fixed interest rate for a set period, offering secure growth with tax deferral. It is available in 3, 4, or 5-year terms with competitive fixed annual percentage yields, making it a reliable choice for conservative savers seeking predictable accumulation without market risk

Available Rates

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

3 Years	4.20%
4 Years	4.35%
5 Years	4.50%

Available Guarantee Periods

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

$10,000.00 - $1,000,000.00

4.2%

Features
Maximum Issue Age	96 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