Guardian Eagle (7-Year)
The Guardian Eagle Annuity is your best bet for a hassle-free retirement plan. Enjoy compound interest growth and tax-deferred benefits allowing your money to accumulate over time. This appealing long-term instrument, funded by a single premium, ensures you low risk and high returns.
Guardian Eagle isn't just advantageous because of its easy withdrawal options, but also because it outperforms Certificates of Deposit (CDs) with higher interest rates. And, with a customer service crew always ready to assist, it’s worth considering for securing your golden years.
Guardian Eagle (7-Year)
About Product
MYGA Interest Rates
Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
---|---|
7 years | 4.85% |
All of ELCO’s MYGAs are purchased with a single premium (a lump sum). Contract owners do have 90 days to make additional contributions to their annuity, but no additional funds can be added once that window passes. Guardian Eagle can also be funded by qualified rollovers or from the transfer of other non-qualified funds. The minimum amount required to open a Guardian Eagle contract varies based on the term. You can open a one-year contract with a minimum of $20,000. All other guaranteed terms have a minimum of $10,000 for non-qualified funds and $5,000 for qualified funds.
Liquidity Options
- Free Withdrawal: 15% of the principal (remaining principal, not original) once per contract year beginning in the second contract year.
- Accrued Interest is available at any time
Riders
No Riders for Guardian Eagle (7-Year) annuity.
Waivers
No Waivers for Guardian Eagle (7-Year) annuity.
- A.M. Best B++
- Comdex 37