Fixed annuity review and rates
Discovery Plus
Discovery Plus MYGA offers the growth and liquidity to meet your retirement savings needs.
Annuitant’s Actual Issue Age
Annuitant’s Actual Issue Age
- 0-84
Minimum/Maximum Premium
- $10,000 - $1,000,000
Penalty-Free Withdrawals
Beginning in the first year of your Discovery Plus annuity, you may partially surrender (withdraw) the accrued interest on the date of the withdrawal or the current year Required Minimum Distribution (RMD) without surrender charges.
Beginning in the first year of your Discovery Plus annuity, you may partially surrender (withdraw) the accrued interest on the date of the withdrawal or the current year Required Minimum Distribution (RMD) without surrender charges.
Tax Qualifier
- Non-Qualified;
- IRA including Roth, SEP, Simple, and Traditional.
Note:
- TSP accepted as a rollover to IRA
- Inherited/Beneficiary IRA usually taken as a direct transfer
Interest Rates
| Guaranteed Years | Surrender Years | Guaranteed Yield | Current Yield |
|---|---|---|---|
| 5 | 5 | 4.2% | 4.2% |
| 7 | 7 | 4.25% | 4.25% |
Brochure
Free withdrawal
0%
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, Inherited IRA, NQ Stretch, and TSP