
4.3
based on complex data
Annuity Educator Rating
Annuity review
8-Year Annuity
This 8-Year Annuity from PRCUA is an excellent choice for those seeking financial security. With competitive rates and NO service charges, your investment works harder for you. With a minimum deposit of just $500, it's accessible too, making it a perfect addition to well-rounded retirement planning.
The flexibility of the plan is an added bonus - suitable whether you're setting up a Traditional IRA, Roth, and more. Plus, you can withdraw up to 10% of the account value annually within term period, giving you a safety net without surrender charges. An 8-Year Annuity from PRCUA is a smart step towards a secure future.
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About Product
Premium Type
Flexible Premium
Fee withdrawal:
10%
Market Value Adjustment
No
Return Of Premium
No
Minimum Contribution
$10,000
Maximum Contribution
$250,000
Max Age Qualified
90
Types Of Funds
Non-Qualified, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, and Traditional IRA
Launch Date
09/01/2022
Traditional Fixed Annuity Interest Rates
Surrender Years | First Year Yield | Term Guaranteed Yield | Term Current Yield |
---|---|---|---|
8 | 5.75% | 3.34% | 5.75% |
PRCUA offers annuity plans in our portfolio of financial products. Our annuities play an important part in helping current and prospective members to secure their family’s financial future. The annuities offered in our portfolio are extremely competitive in today’s market. Best of all, our annuity products have no service charges.
Issue Age
0 - 90
Minimum Initial Deposit
$10,000
Minimum Optional Additional Deposit
$25
Plan Types
Non-Qualified, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, TSA
Annual Surrender Charge Free Withdrawals Allowed
Up to 10% of the account value can be withdrawn annually without surrender charges within term period.
Issue Age
0 - 90
Minimum Initial Deposit
$10,000
Minimum Optional Additional Deposit
$25
Plan Types
Non-Qualified, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, TSA
Annual Surrender Charge Free Withdrawals Allowed
Up to 10% of the account value can be withdrawn annually without surrender charges within term period.
Withdrawals may be taxable and a 10% IRS penalty may apply to withdrawals taken before age 59½.
Riders
No Riders for 8-Year Annuity annuity.
Waivers
No Waivers for 8-Year Annuity annuity.
Company Founded: 1873
Good Rated
Company
Company Ratings
4.9
- A.M. Best -
Assets: $227,549,823
Illinois