MEGA Flex 2

If you're seeking a safe way to grow retirement savings, MEGA Flex 2 is a smart choice. This flexible premium deferred annuity from ISDA Financial Life guarantees a minimum interest rate of 2.80% on your funds. This ensures your money grows in a dependable and predictable manner over time. Plus, it's good to know that the ISDA board may declare bonus dividends too.

With MEGA Flex 2, you also have control over your funds. After the first year, you can withdraw up to 10% of your cash value annually without any withdrawal charge - a handy facility for unexpected expenses. And, importantly, your profits aren't taxed until you decide to take the money out, which could be a potentially significant advantage.

MEGA Flex 2

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About Product

Premium Type

Flexible Premium

Fee withdrawal:

10% (From Year 2)

Market Value Adjustment

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, KEOGH, IRA-Roth, SIMPLE IRA, and 1035 Exchange

Launch Date

02/14/2023

Traditional Fixed Annuity Interest Rates

Surrender Years	First Year Yield	Term Guaranteed Yield	Term Current Yield
2	5.3%	4.15%	5.3%

MEGA Flex 2 is a Flexible Premium Deferred Annuity.
A fixed annuity is a contract whereby for the premium or multiple premiums received, ISDA agrees to pay the Owner income from this annuity at a later date. Annuities are meant to provide funds for retirement and are considered to be long term.
Note: If an Owner other than the annuitant purchases the annuity, that Owner shall have control of the annuity contract issued until ownership is transferred to the annuitant.

Minimum Deposit
$10,000 – Maximum $1,000,000 (Q/NQ)
Additional deposits are accepted through the life of the policy with decreasing surrender charges.

Issue Age
0-95

Free Withdrawals

Interest W/D After 30 Days
10% of cash value at 1st anniversary (contractual)
RMD for qualified plans
Death of annuitant
Annuitization
Additional deposits do not reset penalty period

Death Benefit
The death benefit payable at the death of the Annuitant shall be the contract cash value as of the date of death. The contract cash value is (1) the sum of premiums paid plus (2) interest credits plus (3) any dividends added less (4) any withdrawals.