Personal Choice (CA, FL Only) ages 60+
The Personal Choice Annuity from Sentinel Plan is a retirement gem especially designed for control and flexibility. It allows you to pick the elements that you require, ensuring you don't pay for anything extra you won't use. It removes the guesswork from annuities and lets you make the decisions.
One highlight is the Market Value Adjustment feature that gives you a fresh start at the end of each Guarantee Period. Further, opt in for riders according to your individual needs, like Required Minimum Distribution, Terminal Illness/Nursing Home Care, or Death Benefit Feature. This annuity is a customizable solution to your retirement needs!
Personal Choice (CA, FL Only) ages 60+
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 3 years | 4.15% |
| 5 years | 4.4% |
| 7 years | 4.4% |
| 10 years | 4.25% |
Market Value Adjustment (MVA)
The MVA is specified in the contract. The MVA expires at the end of each Guarantee Period and reinstates when the annuity rolls into a new Guarantee Period.
Optional Riders and Cost
Required Minimum Distribution - 0.16% interest reduction
Preferred 10% Free Withdrawal - 0.08% interest reduction
Terminal Illness/Nursing Home Care - 0.15% interest reduction
72(t) Free Withdrawal - 0.05% interest reduction
Death Benefit Feature - 0.35% interest reduction
Accumulated Interest Withdrawal - 0.08% interest reduction
The death Benefit Feature is required in California and Florida and is priced into the California and Florida rates. All California and Florida contracts are issued with the Death Benefit Feature. All Owners 86-90 are required to purchase the Death Benefit Rider in all states except California and Florida.
Nursing Home Rider/Terminal Illness Rider Not Available in California, Florida.
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| RMD Fee - 0.16% Fee | No | 0.16% annually |
| Preferred 10% Free Withdrawal | No | 0.08% rate reduction |
| Accumulated Interest Withdrawal | No | 0.08% rate reduction |
| Death Benefit Feature Age: 86- 90 | Yes | 0.35% rate reduction |
| 72 (t) Free Withdrawal | No | 0.05% rate reduction |
| Death Benefit Feature | Yes | 0.35% rate reduction |
Waivers
Surrender Window
30 days prior to the end of any guarantee period Surrender Charges and MVA will not apply.
- A.M. Best B++
