Annuity Educator
Best Guaranteed Annuity Rates
2-Year
5.50%
3-Year
6.25%
5-Year
6.30%
7-Year
5.80%
10-Year
5.80%

Farmers Harvest 7 with Bonus

In the complex world of retirement planning, annuities stand out as a popular choice for those seeking steady income streams in their golden years. Amidst a crowded market, a few annuity companies have distinguished themselves through their robust financial strength, customer service excellence, and diverse product offerings.

Get an annuity today!

Learn how an annuity can provide guaranteed income for life.

The Farmers Harvest is an individual modified single premium fixed indexed annuity (FIA) that offers  
  • An opportunity to protect and grow your nest egg;
    Keep your retirement savings protected from market downturns while enjoying the ability to continue accumulating funds tax deferred as you approach retirement. 
  • Protection from unexpected retirement expenses;
    Customize the product by purchasing optional benefit riders to have more flexibility over when and how your funds are available to you as life unfolds. 
  • Diversification through various index options; and
    With a number of indices and crediting strategies available, you can allocate premiums to capture interest credits in varying market environments. 
  • The ability to generate an income you cannot outlive.
    Through annuitization, you can create a stream of “paychecks” that makes it easier to meet your basic retirement needs and increase your confidence in the future.  
Several product variations will be offered based on the length of the surrender charge period and the election of optional benefit riders. Three surrender charge periods will be offered (5, 7, and 10-years) along with the following optional benefit riders. 
  • Premium Bonus Rider 
  • Enhanced Death Benefit Rider 
  • Enhanced Liquidity Rider 
  • Enhanced Benefit Rider (Terminal Illness/Confinement Waiver of Surrender Charges).
Available in states: AL, AK, AZ, AR, GA, IN, IA, LA, MA, MS, MO, NE, NV, NM, ND, OH, OK, PA, TN, TX, WV, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.25% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9% Cap
1-Year S&P 500 PTP Enhanced Cap
Point to Point
Annual
11% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
50% Participation
1-Year S&P U.S. Dividend Growers VA RC2 7.5% PTP Participation Rate
Point to Point
Annual
80% Participation
1-Year S&P U.S. Dividend Growers VA RC2 7.5% PTP Enhanced Participation Rate
Point to Point
Annual
100% Participation
1-Year Nasdaq-100 Volatility Control 7% PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year Nasdaq-100 Volatility Control 7% PTP Enhanced Participation Rate
Point to Point
Annual
125% Participation
1-Year Bloomberg Global Momentum Diversified Leaders 5% ER PTP Participation Rate
Point to Point
Annual
125% Participation
1-Year Bloomberg Global Momentum Diversified Leaders 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
150% Participation

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 9% 8% 7% 6% 5% 4% 3%