Simulation & Edit Mode
Active Product: Western United – Discovery (5-, 6-, 7-Year Terms)
Western United – Discovery (5-, 6-, 7-Year Terms)
About this product
The Western United Discovery is a single-premium Multi-Year Guaranteed Annuity (MYGA) that provides fixed interest rates and full protection of principal over guarantee periods of 5, 6, or 7 years (a 3-Year option is available exclusively in California). It offers tax-deferred growth and penalty-free access to a portion of the annuity value each year. No Market Value Adjustment (MVA) applies, and the product does not automatically renew at maturity. At the end of the selected term, the accumulation value is fully available without penalty, giving policyholders the flexibility to withdraw or reinvest.
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
| 5 Years | 4.50% |
| 6 Years | 4.50% |
| 7 Years | 4.55% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $1,000,000.00 | 4.50% |
Features
| Maximum Issue Age | 84 years |
Growth Projection
How your money grows
Based on your issue age (55) and target payout age (62), the following guarantee period will be applied:
| Guarantee Period | 7 years |
| Rate | 4.55% |
| Age | 55 - 62 |
Summary
| Total years to payout | 30 |
| Total guarantee periods applied | 5 |
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