Fixed annuity review and rates

Ultra-Premier 7-Year

With Ultra-Premier you choose an interest rate period of either 5 or 7 years. Your interest rate is guaranteed for the period you selected. You won’t have to pay taxes on the money that grows until you begin receiving regular annuity payments

Policy Minimums and Maximums 
  • $25,000 minimum (Qualified or Nonqualified) 
  • $3 million maximum (without United of Omaha approval) 
  • $500 minimum additions may be made during the first policy year (subject to policy maximums) 
  • Additions are credited with the new money interest rate in effect at the time of the addition 
Maximum Issue Age 
  • 5-year: 89 years 
  • 7-year: 88 years 
Death Benefit
  • The accumulation value less any applicable premium taxes 
Systematic withdrawal option – fixed dollar amount or interest only

Access to Your Money
  • You can withdraw up to 10 percent of the money in your account each year without a withdrawal charge or market value adjustment (withdrawals before age 59 ½ are subject to a 10 percent federal income tax penalty) 
  • If the unexpected happens, you have free access to your entire account value if one of these life events occurs: – Confinement to a hospital or long-term care facility 
    • Unemployment 
    • Disability 
    • Terminal Illness 
    • Death of a spouse or minor dependent 
    • Damage to your residence 
    • Transplant surgery 

Interest Rates

Guaranteed Years Surrender Years Guaranteed Yield Current Yield
7 7 4.65% 4.65%
7 7 4.65% 4.65%
Mutual of Omaha by United of Omaha
Founded: 1909
A.M. Best: A+
S&P: A+
Moody's: A1
Carrier details
Free withdrawal
Types of funds
Non-Qualified, 401k, TSA 403b, and 1035 Exchange