This fixed annuity offers two three-year terms with the option to surrender without penalty during the last 30 days of the initial three-year term. This product accepts single purchase payments. Minimum:
$1 million for ages 0-85,
$500,000 for ages 86+ without prior Home Office approval.
Inherited IRA: 0–75
Inherited non-qualified: 0–75
Guaranteed Minimum Interest Rate of 1% for all contract years. No return of premium.
Upon death of owner, beneficiaries receive the account value.
First-year early withdrawal charge percentages vary by institution. The Guaranteed Minimum feature varies by institution. For detailed product information, log into your account at GAAFI.com or call 888-504-7109, option 2.