SeniorSelect
Western-Southern Life Assurance Company
3%
Best Rate
50
States
Select Guarantee Annuity is a single-premium deferred annuity that combines tax-deferred wealth accumulation with guaranteed lifetime income. It's designed for individuals seeking a stable, flexible retirement solution with predictable returns.
Available In
50 states
Min Premium
$25,000
Surrender
1 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 1-Year | 3% |
Key Features
Guaranteed Interest Rate
1–7 year terms availableYour interest rate is locked in for the period you select (1, 2, 3, 4, 5, or 7 years). After that period ends, a new rate applies with a guaranteed minimum floor.
First-Year Rate Enhancement
Enhanced rate in year 1A bonus interest rate in year one helps accelerate wealth accumulation toward your retirement goals.
Tax-Deferred Growth
Tax deferred until withdrawalInterest earned is not taxed until you withdraw funds, potentially allowing you to defer taxes to lower-bracket retirement years.
Flexible Withdrawals
Up to 10% annually freeWithdraw up to 10% of the annuity fund or interest earned each year without surrender charges.
100% Premium Guarantee
100% of premium guaranteedWestern-Southern Life guarantees you'll get back at least 100% of your premium paid (minus any withdrawals), even if you cancel the contract.
Income Options
Lump-sum or lifetime paymentsChoose a lump-sum payment or structure income payments over a set period—or receive payments for life.
Minimum Premium
$5,000 (non-tax-qualified)Get started with a straightforward minimum investment.
Highlights
Guaranteed income you can't outlive with tax-deferred growth
First-year interest rate enhancement to boost early accumulation
Flexible withdrawal options—up to 10% annually without penalties
Guaranteed return of 100% of premium paid, even if canceled
Choice of guarantee periods from 1 to 7 years
Surrender Schedule
Yr 0
0%
After
0%
Best For
Individuals near or in retirement who want guaranteed income, tax deferral, and the security of a principal guarantee combined with flexible access to their funds.
Consider Alternatives If
Those who need immediate access to all their funds or who may require liquidity beyond the 10% annual free withdrawal limit.
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