Minnesota Life Insurance Company
4.1
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SecureOption Vision (CA Only)

The SecureOption Vision is a fixed deferred annuity designed to offer secure and guaranteed returns on your investment. With competitive rates, attractive guarantee periods, and flexible liquidity features, this product is ideal for those planning for retirement. Furthermore, the strength and favourable ratings of Securian Financial means you can rest assured your finances are in safe hands.

This annuity product features guaranteed interest throughout the guarantee period and 10% free annual withdrawals after the first year. Another great feature is the automatic renewal to one-year periods, with no surrender charge or any Market Value Adjustment. Moreover, it also accommodates Required Minimum Distributions without any additional charges, making it a great choice for your retirement planning.

SecureOption Vision (CA Only)-brochure SecureOption Vision (CA Only)-brochure

SecureOption Vision (CA Only)

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About Product

Premium Type
Single Premium
Fee withdrawal:
10%
Market Value Adjustment
No
Return Of Premium
No
Minimum Contribution
$25,000
Maximum Contribution
$2,000,000
Max Age Qualified
90
Types Of Funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, 1035 Exchange, and Inherited IRA
Launch Date
10/26/2019

MYGA Interest Rates

Term
Rate
Annual percentage yield (APY)
earned over the investment term
3 years 4.05%
5 years 4.25%
7 years 4.5%
SecureOption Vision is a single payment, fixed deferred annuity. The minimum purchase payment is $25,000 and the maximum is $2 million. SecureOption Vision provides a Guaranteed Interest Rate for the initial Guarantee Period. After the initial Guarantee Period, a Renewal Interest Rate will be declared annually and guaranteed for one year. Your interest rate will never be lower than the Guaranteed Minimum Interest Rate stated in your contract. As conditions permit, a higher initial interest rate may be available on purchase payments of $100,000 or more. Withdrawals during the first three contract years may be subject to a Surrender Charge. A Market Value Adjustment (MVA) may also apply to withdrawal, surrender or Annuitization during the initial Guarantee Period. You have the option of either annuitizing or surrendering the contract at the earlier of a date that you elect, or by the contract's Maturity Date (age 100). 

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Riders

No Riders for SecureOption Vision (CA Only) annuity.

Waivers

No Waivers for SecureOption Vision (CA Only) annuity.

Company Founded: 1880
TOP Rated Company
Minnesota Life Insurance Company
Company Ratings
4
  • A.M. Best A+
  • Fitch AA
  • S&P AA-
  • Moody's Aa3
  • Comdex 96
Assets: $32,177,095,768
Minnesota

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