SPDA with Free Withdrawal Waiver

Looking for a long-term investment that puts you in control? The SPDA with Free Withdrawal Waiver is just that! Select the rate period that best fits your life and enjoy peace of mind knowing you're making a secure choice. On top of that, you won't have to face any annoying annual fees or sales charges.

The added bonus is the flexibility this annuity gives to your loved ones. With death benefits equaling the account value, your spouse could even continue the policy. The Free Withdrawal Waiver rider caps off this excellent product by enabling withdrawal of the single premium payment amount. Secure your future with SPDA!

American Century Life Insurance Company
SPDA with Free Withdrawal Waiver-brochure SPDA with Free Withdrawal Waiver-brochure

SPDA with Free Withdrawal Waiver

Your Email

Ratings:

  • A.M. Best B++

Calculate My Free Quotes Now!

$

No agent will call you

About Product

Premium Type
Single Premium
Fee withdrawal:
Interest only
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$2,000
Maximum Contribution
$500,000
Max Age Qualified
90
Types Of Funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, and Inherited IRA
Launch Date
09/01/2017

MYGA Interest Rates

Term
Rate
Annual percentage yield (APY)
earned over the investment term
3 years 4.2%
5 years 5%
7 years 5%
10 years 5%
This is a Single Premium Deferred Annuity contract, which is a long-term contract. Additional premiums may not be added in the future. You choose the guaranteed rate period that is best for you. This period begins on the date of issue and ends on the last day of the chosen period.

Death Benefits
Death Benefits are equal to the account value upon death of the owner.
If the owner's spouse is the sole beneficiary, the spouse may continue the policy in his or her own name.

No Sales Charges or Fees
There are no annual maintenance fees and no front-end sales loads.

Market Value Adjustment
When you make a withdrawal, we also may increase or decrease the amount you receive based on a market value adjustment (MVA). If interest rates went up after you bought your annuity, the MVA likely will decrease the amount you receive. If interest rates went down, the MVA will likely increase the amount you receive.

Exceptions to Surrender Charges & MVA 
  • You may withdraw 100% of your accumulated interest and RMD free of all charges at any time. 
Free Withdrawal Waiver Rider
By selecting this rider, the 10% annual free withdrawal included in the policy will be waived and any withdrawal of the Single Premium Payment amount will incur withdrawal charges as detailed below 

Are you sure this is really the best annuity for you?

See if this annuity is in your Real TOP 3 of best annuities in Ohio
$
!

Riders

Name Inbuilt Fee
SPDA Free Withdrawal Waiver Rider No

Waivers

Death

In the event of owner death, withdrawal charges and MVA are waived and benefits equal the account balance

Annuitization

You may elect to annuitize at any time after the first year from a number of options. Surrender charges and MVA are waived with a payout period of 5 years or longer

You might also be interested in

James Alden Experienced Financial Advisor
25 years experience
3,712 career consultations
4 slots free for today
scheduling.
Your Name
Your Phone
Thank you for your trust! I have received your contact information. Please wait for a call within 30 minutes. 😌