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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Century Plus

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Highlights

Premium Type
Single Premium
Min age Qualified
18
Max age Qualified
80
Minimum Contribution
$5,000
Maximum Contribution
$3,000,000
Market value adjustment
Return of premium
Free withdrawal
10%
Launch date
04/01/2018
Types of funds
Non-Qualified, 401k, IRA, Spousal IRA, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, Inherited IRA, and TSP
Brochure
Open brochure
The Century Plus Annuity (CPA) is a single premium deferred annuity with a first-year interest enhancement.
A 5% interest rate enhancement will be offered in the first year. (The availability of the interest rate enhancement is not guaranteed. Have your agent confirm the current rate.)

Surrender Charge Free Withdrawals

Starting in the first contract year, you can withdraw up to 10% of your annuity value as of the beginning of your annuity’s contract year, without any surrender charges.

Systematic Withdrawals
You can request an amount to be withdrawn from Century Plus on a regular basis. The systematic withdrawal can be for either the earned interest only or for a specific fixed amount. Please keep in mind that when the sum of any systematic withdrawal payments and partial surrenders exceeds 10% of the contract’s beginning year annuity value, a surrender charge and market value adjustment or excess interest deduction, if applicable, will be charged.

Death Benefit
Century Plus provides a death benefit upon the death of the owner of the contract. The death benefit will be the greater of the annuity value (premium plus interest earned minus any withdrawals) or the surrender value. By naming a beneficiary to receive the death benefit, you can avoid the inconvenience of probate.

Note:
We will accept the following Inherited IRA: 
  • Non-Spouse ONLY if the original owner passed away prior to 01/01/2020. 
  • If the DOD is on or after 01/01/2020 we will only accept Spousal Inherited IRAs. 

Find out if the Century Plus is the right product for you.

Traditional Fixed Annuity Interest Rates

Surrender Years First Year Yield Term Guaranteed Yield Term Current Yield
10 9% 3.6% 4.5%

Riders

Name Inbuilt Fee
Lifetime Income Rider with Fixed Rate No 1.10% annually

Waivers

Terminal Illness

Unavailable in states: CA

American National will waive the surrender charge for any full surrender or partial surrender when the owner(s) is/are diagnosed with a terminal illness or injury that is expected to cause death within twelve (12) months. American National requires proof of terminal illness- a written certification of terminal illness prepared by a licensed physician who has examined the owner(s) and is qualified to provide the certification.

Disability

Available

Confinement

Unavailable in states: CA

This waiver applies to full surrender or partial surrenders requested no later than 90 days after the last day of confinement to such facility. The confinement waiver is not available if you are confined to a hospital, convalescent care or hospice facility on the date of issue or if the application is signed by a power of attorney. You must be 80 years old or younger on the date of issue. The nursing home waiver does not include home health care.

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