Fixed annuity review and rates

Future Select 5

Future Select is a Single Premium, Tax-Deferred, Multi-Year Guarantee Annuity (MYGA). MYGA offers the growth and liquidity to meet your retirement savings needs. 

Annuitant's Actual Issue Age 
  • 0-90 
Minimum/Maximum Premium 
  • $10,000 - $1,000,000  
Tax Qualifier 
  • Non-Qualified; 
  • IRA including Roth, SEP, Simple, and Traditional.
  • TSP accepted as a rollover to IRA
  • Inherited/Beneficiary IRA usually taken as a direct transfer
Penalty-Free Withdrawals
Beginning in the first year of your Future Select annuity, you may partially surrender (withdraw) up to 15% of the Annuity Value per calendar year without surrender charges.

Guaranteed Return of Premium
The surrender value of your contract will never be less than the premium you paid, minus any partial surrenders you’ve taken.

Death Benefits
If the Annuitant dies before payments begin, your beneficiary has access to the full annuity value as a single sum or as one of 6 other settlement options. Because this death benefit avoids probate, it can ease inter-generational wealth transfers and reduce fees and delays associated with the probate process. 

Interest Rates

Guaranteed Years Surrender Years Guaranteed Yield Current Yield
5 5 3.8% 3.8%
5 5 3.7% 3.7%
Western United Life Assurance Company
Founded: 1963
A.M. Best: B++
S&P: B++
Carrier details
Free withdrawal
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, Inherited IRA, NQ Stretch, and TSP