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Alpine Horizon with RMD Free Withdrawal
Alpine Horizon with RMD Free Withdrawal
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About Product
Premium Type
Single Premium
Fee withdrawal:
10%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$5,000
Maximum Contribution
$1,000,000
Max Age Qualified
90
Types Of Funds
401k, Traditional IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and 1035 Exchange
Launch Date
06/25/2025
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 3 years | 5.75% |
| 4 years | 5.8% |
| 5 years | 5.9% |
Alpine Horizon is a single premium tax-deferred fixed annuity that can provide favorable interest crediting. To align with your financial goals, you may lock in guaranteed rates for 3 or 5 years.
No Current Taxes
Interest earnings grow tax-deferred until withdrawn, usually at retirement age. Contract values have the ability to grow faster than they would in a currently taxed fixed alternative paying the same rate.
No Market Risk
Your principal and earned interest are safe regardless of market fluctuations.
Beneficiary Protection
In the unfortunate event of your passing, your beneficiaries receive the full contract value.
Minimum Premium Requirements
The minimum single-premium payment is $5,000.
Issue Ages
0-90 tax-qualified and non-qualified. (If there are joint owners, both must satisfy the age limit, since a death benefit may be paid upon the first death.)
Retirement Plans
Tax-qualified plans offered with this product include IRA rollovers and transfers, including Roth IRAs.
Market Value Adjustment
During your guarantee period, your Alpine Horizon annuity has the Market Value Adjustment (MVA) feature. The MVA reflects the impact of changes in market interest rates between the time your guarantee period was selected and the time of the withdrawal. The actual adjustment is calculated according to the formula in the annuity contract.
Under no circumstances will the MVA result in an amount less than the Guaranteed Minimum Cash Surrender Value referenced in the contract schedule.
Easy Access
For financial flexibility, a portion of your contract value may be available free of surrender charge. There is no surrender charge:
No Current Taxes
Interest earnings grow tax-deferred until withdrawn, usually at retirement age. Contract values have the ability to grow faster than they would in a currently taxed fixed alternative paying the same rate.
No Market Risk
Your principal and earned interest are safe regardless of market fluctuations.
Beneficiary Protection
In the unfortunate event of your passing, your beneficiaries receive the full contract value.
Minimum Premium Requirements
The minimum single-premium payment is $5,000.
Issue Ages
0-90 tax-qualified and non-qualified. (If there are joint owners, both must satisfy the age limit, since a death benefit may be paid upon the first death.)
Retirement Plans
Tax-qualified plans offered with this product include IRA rollovers and transfers, including Roth IRAs.
Market Value Adjustment
During your guarantee period, your Alpine Horizon annuity has the Market Value Adjustment (MVA) feature. The MVA reflects the impact of changes in market interest rates between the time your guarantee period was selected and the time of the withdrawal. The actual adjustment is calculated according to the formula in the annuity contract.
Under no circumstances will the MVA result in an amount less than the Guaranteed Minimum Cash Surrender Value referenced in the contract schedule.
Easy Access
For financial flexibility, a portion of your contract value may be available free of surrender charge. There is no surrender charge:
- After the first contract year, and during any Multi- Year Interest Rate Guarantee Period, the Company will waive the Surrender Charge and any Market Value Adjustment on the first partial withdrawal. Waiver is limited to once per Contract Year and may not exceed 5% of the Accumulation Value as of the last Contract Anniversary.
Withdrawal Minimums
Minimum surrender and withdrawal amount: $100.
Minimum account balance after surrenders and withdrawals: $2,000
Annuitization
Beginning at the first contract anniversary, you may elect to have the account value annuitized to you under an annuity option.
Minimum surrender and withdrawal amount: $100.
Minimum account balance after surrenders and withdrawals: $2,000
Annuitization
Beginning at the first contract anniversary, you may elect to have the account value annuitized to you under an annuity option.
Surrender Charges
A surrender charge applies only to amounts in excess of the free withdrawal and decreases based on the number of years that have elapsed since the premium payment was received. The surrender charge will vary based on the year and corresponding percentage of the amount withdrawn.
RMD Free Withdrawal Rider
Surrender Charges and Market Value Adjustments will be waived on the higher of the full amount of the RMD or 10% of the previous year ending accumulation value. At least $2,000 must remain in the account after the withdrawal. Tax Qualified Plans only.
A surrender charge applies only to amounts in excess of the free withdrawal and decreases based on the number of years that have elapsed since the premium payment was received. The surrender charge will vary based on the year and corresponding percentage of the amount withdrawn.
RMD Free Withdrawal Rider
Surrender Charges and Market Value Adjustments will be waived on the higher of the full amount of the RMD or 10% of the previous year ending accumulation value. At least $2,000 must remain in the account after the withdrawal. Tax Qualified Plans only.
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| 10% Free Withdrawal with RMD (Qualified) | Yes | 0.25% rate reduction |
Waivers
Death
No surrender charge or market value adjustment applies at death.
Surrender Window
At the end of the renewal period, you will automatically be rolled into a contract of the same term and guarantee period with a new rate. During the first 30 days of the renewal period, you may take a partial or full surrender without being subject to a surrender charge or Market Value Adjustment (MVA).
Company Founded: 1972
Average Rated
Company
Company Ratings
- A.M. Best B
