Safe Haven 20 (NV Only) ages 0-59
The Safe Haven 20 annuity is a reassuring way to navigate retirement without losing sleep. This compound interest annuity, designed specifically for retirees and those nearing retirement, is flexible and guarantees security. You'll love controlling your own financial destiny without compromising peace of mind. Plus, the annuity allows you to customize it with optional features you'll actually use, avoiding those you don't need.
Safe Haven 20 offers guaranteed interest rates, making your money grow without worrying about the domestic economy. Your initial investment will immediately start earning interest at a guaranteed rate for a period of your choice, even if the stock market struggles. Moreover, at the end of the initial guarantee period, you have multiple income options and can even convert your annuity into a steady stream of retirement income guaranteed for up to 20 years.
Safe Haven 20 (NV Only) ages 0-59
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 20 years | 3.85% |
Death Benefit Feature - 0.25% interest reduction
Accumulated Interest Withdrawal - 0.05% interest reduction
Issue Ages
0 to 75 (20 year guarantee period)
Market Value Adjustment (MVA)
The MVA expires at the end of each Guarantee Period and reinstates if you select a new Guarantee Period.
Cash Surrender Values
A surrender charge is taken on partial withdrawals or full surrenders during any surrender charge period. The surrender charge is the partial withdrawal amount or the contract value (for full surrenders) multiplied by the market value adjustment, multiplied by the surrender charge percentages shown below. Surrender charge calculations may be affected by the addition of riders.
Surrender charges during renewal periods: 5% all years
During the last 30 days before the end of any guarantee period, the contract can be surrendered with no market value adjustment or surrender charges.
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Preferred 10% Free Withdrawal | No | 0.15% rate reduction |
| Accumulated Interest Withdrawal | No | 0.05% rate reduction |
| Death Benefit Feature | No | 0.25% rate reduction |
Waivers
Surrender Window
At the end of your guarantee period, you will have the option to renew your annuity for another guarantee period. We will contact you and provide a 30-day window to select a new guaranteed interest rate. During your 30-day window you can surrender your annuity for cash with no surrender charges or market value adjustment.
- A.M. Best B++
