Fixed annuity review and rates
Intuitions Flex
The Intuitions Flex is a good selection for you if:
- Want to start a retirement plan by making regular contributions with a low initial premium payment with or without an initial lump sum premium payment.
- Want an interest guarantee on each premium payment.
- Want earnings opportunities that reflect the current interest rate environment.
Issue Age
0 - 85 (Traditional IRAs: 18-69, only rollover amounts can be accepted at issue ages 70 and above. ROTH IRAs: 18-85)
Minimum Contribution
$500 initial deposit or $25 per month Ages 0 – 24
$1,000 initial deposit or $50 per month Ages 25 - 49
$1,000 initial deposit or $100 per month Ages 50 and above
Additional Payments could be accepted as a Lump Sum or periodic payments.
Maximum Contribution
$500,000
Withdrawals
After the first certificate year, up to 10% of the accumulated value of the certificate in any one certificate year can be withdrawn without charge. This is available as a lump sum or in a systematic withdrawal mode.
Withdrawals from or surrender of annuities are subject to Federal Income Tax. In some circumstances a withdrawal may be subject to a penalty in addition to the Federal Income Tax.
Security
A wide variety of attractive retirement income options, including payments for life or a specific number of years.
Notes
From TSP, P/S, 457 Def Comp, may have to identify pre tax funds and after tax to set up an IRA account and / or NQ account.
Fraternal Benefits Available to Social & Benefit Members
Woman’s Life Member Discount Program
Life Line Screening
Accidental Death Fraternal Benefit
Local Chapter Involvement
0 - 85 (Traditional IRAs: 18-69, only rollover amounts can be accepted at issue ages 70 and above. ROTH IRAs: 18-85)
Minimum Contribution
$500 initial deposit or $25 per month Ages 0 – 24
$1,000 initial deposit or $50 per month Ages 25 - 49
$1,000 initial deposit or $100 per month Ages 50 and above
Additional Payments could be accepted as a Lump Sum or periodic payments.
Maximum Contribution
$500,000
Withdrawals
After the first certificate year, up to 10% of the accumulated value of the certificate in any one certificate year can be withdrawn without charge. This is available as a lump sum or in a systematic withdrawal mode.
Withdrawals from or surrender of annuities are subject to Federal Income Tax. In some circumstances a withdrawal may be subject to a penalty in addition to the Federal Income Tax.
Security
A wide variety of attractive retirement income options, including payments for life or a specific number of years.
Notes
From TSP, P/S, 457 Def Comp, may have to identify pre tax funds and after tax to set up an IRA account and / or NQ account.
Fraternal Benefits Available to Social & Benefit Members
Woman’s Life Member Discount Program
Life Line Screening
Accidental Death Fraternal Benefit
Local Chapter Involvement
Fraternal Benefits Available to Benefit Members
Good Health Benefits
Woman’s Leadership Development Grant
Scholarship Opportunity
Good Health Benefits
Woman’s Leadership Development Grant
Scholarship Opportunity
Interest Rates
| Guaranteed Years | Surrender Years | Guaranteed Yield | Current Yield |
|---|
Brochure
Free withdrawal
1st year: 0%
2nd+ year: 10%
2nd+ year: 10%
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, IRA Rollover, IRA Transfer, IRA-Roth, 457 plan, and TSP