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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Bonus Single Premium Annuity

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Learn how an annuity can provide guaranteed income for life.

Highlights

Premium Type
Single Premium
Max age Qualified
90
Minimum Contribution
$10,000
Maximum Contribution
$500,000
Market value adjustment
Return of premium
Free withdrawal
10%
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, 1035 Exchange, and Inherited IRA
Brochure
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Single premium deferred annuity. Bonus determined by amount of premium.

Premium
Minimum premium $10,000
No additional premium accepted after issue.

Interest Rates
At issue, the current crediting interest rate will be set with the rate guaranteed for 1 year. Thereafter, on each anniversary, a new crediting rate will be set for the next year. This rate will not be less than the guaranteed minimum interest rate set at issue. This rate may be different from the interest rate for new issues of this contract at that time.

Death Benefit

Upon death of the annuitant, the account value will be paid.

Premium Bonus (Bonus requires a minimum deposit of $10,000.)
At issue, a bonus of 4 to 8% of the premium received will be credited to the account balance as interest.

Free Withdrawals
After the first year, one withdrawal per year of up to 10% of the account value may be taken without a surrender charge. For qualified annuities, any Required Minimum Distribution is not subject to surrender charges and is in addition to the once a year free withdrawal.

Annuitization Payment Options
  • Fixed period of time 
  • For the life of the annuitant 
  • For the life of the annuitant and spouse 

Find out if the Bonus Single Premium Annuity is the right product for you.

Traditional Fixed Annuity Interest Rates

Surrender Years First Year Yield Term Guaranteed Yield Term Current Yield
10 2.9% 3.3% 3.3%

Riders

No Riders for Bonus Single Premium Annuity annuity.

Waivers

Nursing Home

Unavailable in states: MA, NJ, and PA

Amounts withdrawn to cover nursing home expenses for the annuitant are not subject to surrender charge. Available up to issue age 75. The nursing home waiver does not include home health care.

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