Eagle Guarantee Focus
Highlights
|
Premium Type
|
Single Premium
|
|---|---|
|
Min age Qualified
|
18
|
|
Max age Qualified
|
85
|
|
Minimum Contribution
|
$10,000
|
|
Maximum Contribution
|
$1,500,000
|
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Free withdrawal
|
10% |
|
Launch date
|
09/08/2020 |
|
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, and Inherited IRA |
Brochure
|
Open brochure |
- $10,000
- 18-69: $1,500,000
- 70-74: $1,000,000
- 75-79: $750,000
- 80-85: $500,000
- MVA 10% Free Withdrawal: 10% of Contract Value Annually Starting Year 2.
This product includes a Market Value Adjustment (MVA) Rider. An MVA may increase or decrease the amount of a withdrawal in excess of the Free Withdrawal amount or the Surrender Value. The MVA does not apply to Free Withdrawals, any death benefit, the MGSV, or any distributions occurring after the Surrender Charge Period has ended. In general, as the MVA Index increases, Surrender Values decrease. As the MVA Index decreases, Surrender Values increase.
Death Benefit
Greater of account value or MGSV.
Find out if the Eagle Guarantee Focus is the right product for you.
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 3 years | 4.5% |
| 5 years | 4.6% |
Riders
No Riders for Eagle Guarantee Focus annuity.
Waivers
Death
No surrender charges at death.
Nursing Home
Unavailable in states: CA
After the first contract year, one additional free withdrawal of up to 100% of the contract value is allowed if the owner is confined in a qualified care facility for a minimum of 90 days. Confinement must begin after the contract issue date and written proof is required from both the qualified care facility and recommending physician.
Terminal Illness
Unavailable in states: CA
After the first contract year, one additional free withdrawal of up to 100% of the contract value is allowed if the owner is diagnosed with a terminal illness. Diagnosis must occur after the contract is issued and written proof with supporting documentation is required from a qualified physician.
Surrender Window
Within 30 calendar days after the end of the guarantee period you can surrender the contract value without incurring surrender charges or MVA.
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