Century Plus NY
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Learn how an annuity can provide guaranteed income for life.
Highlights
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Premium Type
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Single Premium
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|---|---|
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Max age Qualified
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80
|
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Minimum Contribution
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$5,000
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Maximum Contribution
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$3,000,000
|
|
Market value adjustment
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|
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Return of premium
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|
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Free withdrawal
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10% |
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Launch date
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04/01/2018 |
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Types of funds
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Non-Qualified, 401k, IRA, Spousal IRA, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, Inherited IRA, and TSP |
Brochure
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Open brochure |
The Century Plus Annuity (CPA) is a single premium deferred annuity with a first-year interest enhancement.
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.
Note:
We will accept the following Inherited IRA:
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.
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 NY is the right product for you.
Traditional Fixed Annuity Interest Rates
| Surrender Years | First Year Yield | Term Guaranteed Yield | Term Current Yield |
|---|---|---|---|
| 10 | 8% | 3.5% | 3.5% |
Riders
No Riders for Century Plus NY annuity.
Waivers
Nursing Home
Available. The nursing home waiver does not include home health care.
Disability
Available
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