Best Guaranteed Annuity Rates

Performance SPDA 7

Get an annuity today!
Learn how an annuity can provide guaranteed income for life.


Premium Type
Single Premium
Max age Qualified
Minimum Contribution
Maximum Contribution
Market value adjustment
Return of premium
Free withdrawal
Launch date
Types of funds
Non-Qualified, 401k, IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP
Open brochure
Performance Single Premium Deferred Annuity (SPDA) allows for a single premium payment. The minimum premium you may make is $25,000. The amount of interest to be credited is somewhat dependent on the amount of premium deposited. The annuity fund value will increase during the surrender period by interest credited at a conditionally guaranteed rate. If the amount of the annuity fund value drops below $25,000, then we will credit interest at the rate that has been determined by our Board of Directors for all monies on deposit at the end of the period ending December 31st of the prior calendar year or as may be redetermined by our Board of Directors once during the current calendar year. The crediting rate will never be less than the Basic Interest Rate.

Death Benefit
If you are the annuitant and die before we start to pay you income from your annuity, we pay the annuity fund value to your beneficiary. If you are the owner of the deferred annuity but not the annuitant, death benefit proceeds may also be payable at your death. If you elect to take regular monthly income payments of principal and interest, we will issue you a supplemental contract. If you die after the payouts start, whether or not there is a death benefit payable to your beneficiary and how that benefit, if any, would be paid, is dependent on the type of payout you chose.

Withdrawal Features
Free withdrawals for: 
  • Required Minimum Distributions 
  • Withdrawal of up to prior year’s accumulated interest OR option to withdraw up to 10% of accumulated value (lower crediting rate applies when electing the latter withdrawal privilege). 
Withdrawals in excess of free withdrawal provisions made during surrender charge period will incur surrender charge and Market Value Adjustment.

Market Value Adjustment
If the Market Value Adjustment (MVA) rider is elected at issue, an MVA may further reduce the cash surrender value. A positive MVA will decrease the amount being surrendered. A negative MVA will increase the amount being surrendered. Even with an MVA, in no event will the Cash Value of the Policy be less than the Guaranteed Minimum Cash Surrender Value.
If your annuity includes a MVA rider and you have not elected the 10% withdrawal benefit outlined above, we will issue your policy with an endorsement that will allow you, in any given policy year, to withdraw without surrender penalty or Market Value Adjustment, if any, interest earned during the previous policy year. If interest earned is not withdrawn during the policy year following the one in which it was earned, it may not be withdrawn without appropriate surrender charges or Market Value Adjustment, if any, in any subsequent policy year.

Guaranteed Minimum Interest Rate
If the Basic Interest Rate (BIR) at contract issuance is greater than the GMIR, the higher rate applies during the surrender charge period.

Note: TSP funds have to be rolled into an IRA.

Find out if the Performance SPDA 7 is the right product for you.

MYGA Interest Rates

Annual percentage yield (APY)
earned over the investment term
7 years 5.3%


Name Inbuilt Fee
10% Free Withdrawal No 0.15% rate reduction



Surrender charges are waived upon the death of the annuitant only.

Nursing Home

Unavailable in states: CA

Beginning at policy issue. Waiver applicable to annuitant only. The nursing home waiver does not include home health care.

Terminal Illness

Unavailable in states: CA

12 month life expectancy. Waiver applicable to annuitant only.

Ready to Protect Your Financial Future?

Request a free quote or talk to our financial expert to get help