What is the minimum guaranteed surrender value for Wichita Security 3 & 5?

The Security 3 and Security 5 annuities are single-premium, multi-year guaranteed annuities (MYGAs) issued by Wichita National Life Insurance Company. Both products are designed to offer guaranteed, tax-deferred growthover a fixed term—3 years for Security 3 and 5 years for Security 5—while protecting your principal from market volatility. These MYGAs are well-suited for conservative investors seeking predictable returns without ongoing contributions or market risk.

What is the minimum premium amount for Wichita Security 3 & 5?

The minimum premium amount is $10,000.

What is the maximum issue age for Wichita Security 3 & 5?

The maximum issue age is 79 years.

What is the current interest rate for Wichita Security 3 & 5?

The current interest rate is 6.1%.

What is the surrender charge schedule for Wichita Security 3 & 5?

If you withdraw funds or fully surrender the Security 3 contract before the end of the 3-year guarantee period, you will incur a surrender charge. These charges apply as a percentage of the amount withdrawn and are highest in the early years of the contract. The surrender charge is 9% in the first year, 8% in the second year, and 7% in the third year. Additionally, a Market Value Adjustment (MVA) may apply, which could increase or decrease the surrender value depending on interest rate conditions at the time of withdrawal. Required Minimum Distributions (RMDs) are exempt from these charges. No free withdrawals are included unless optional riders are selected, which would reduce the credited interest rate.

What are the best rates available for Wichita Security 3 & 5?

The best available rate is 6.25% for a 5 year term.

Wichita National Life Insurance Company

Wichita Security 3 & 5

About this product

The Security 3 and Security 5 are single-premium, fixed annuities (MYGAs) offering guaranteed interest rates for 3 or 5 years, respectively. Designed for conservative investors, they provide tax-deferred growth, principal protection, and market-free returns.

Available Rates

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

3 Years	6.10%
5 Years	6.25%

Available Guarantee Periods

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

$10,000.00 - $1,000,000.00

6.1%

Features
Maximum Issue Age	79 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