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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Guaranty Growth Builder 14

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Highlights

Guaranty Growth Builder is a Single Premium Fixed Indexed Annuity (FIA) that provides an array of interest crediting strategies to match your client’s comfort and savings approach—whether they seek a fixed return, look for more growth potential or a combination.

Buy-Up Option - Account Fee
With each indexed interest crediting strategy, you can choose an increased participation or cap rate to further enhance your potential interest returns. The buy-up option is available at an annual cost of 1.50% of Accumulated Value which is divided by 12 and deducted monthly. 
Available in states: AL, AZ, AR, CO, DE, FL, GA, IL, IN, IA, KS, KY, LA, MI, NE, NM, NC, ND, SD, TN, VT, WV, WI, and WY
Type
Fixed Index
Purpose Accumulation
Premium Bonus
12%
Term
14 Years
Surrender schedule
14%14%12%12%10%10%9%8%7%6%5%4%3%2%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Market value adjustment
Return of premium
Launch date
11/10/2021
Minimum contribution
$20,000
Maximum contribution
$1,000,000
Max Age Qualified
80
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, and IRA-Roth
Brochure
Open brochure

Find out if the Guaranty Growth Builder 14 is the right product for you.

Premium Notes

Issue Ages
0-78
Joint cases are based on the age of the younger spouse

Initial Premium Limits
$20,000 – $1,000,000
Contact Guaranty Income Life Insurance Company for exceptions

Note that GMCSV Interest may change on Jan 1 and July 1 for new issues.

Withdrawal Provisions

RMD Provision
In all contract years, the RMD amount is free of surrender charges even if in excess of the free withdrawal amount. (If less, only the difference remaining is available for free withdrawal.)

Free Partial Withdrawals
Starting in year two, 10% of the prior anniversary contract value is available free of Surrender Charges, MVA and bonus recapture. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4% Fixed
1-Year Citi Risk Balanced 5% Net PTP Participation Rate
Point to Point
Annual
140% Participation
1-Year Citi Risk Balanced 5% Net PTP Participation Rate
Point to Point
Annual
200% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
105% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
155% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
30% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
45% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10% Cap

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Penalty 14% 14% 12% 12% 10% 10% 9% 8% 7% 6% 5% 4% 3% 2%

Riders

No Riders for Guaranty Growth Builder 14 annuity.

Waivers

Terminal Illness

If a contract owner is diagnosed with a Terminal Illness or becomes Confined in a medical facility after their contract was issued, he/she may make a Full or Partial Surrender without incurring a Surrender Charge or Market Value Adjustment. While there is no waiting period to utilize this benefit after contract issue, the claim must be made within 180 days of the qualifying event. Terminal Illness: a health condition or injury experienced, which to a reasonable degree of medical certainty, confirmed by a Physician, will result in that person’s death within one year.

Confinement

If a contract owner is diagnosed with a Terminal Illness or becomes Confined in a medical facility after their contract was issued, he/she may make a Full or Partial Surrender without incurring a Surrender Charge or Market Value Adjustment. While there is no waiting period to utilize this benefit after contract issue, the claim must be made within 180 days of the qualifying event. Confinement: receiving continuous care for at least 30 days from a hospital or long-term care facility.

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