Secure Legacy
Upstream Life's Secure Legacy is a splendid annuity plan that helps ensure peace of mind in retirement. They offer multiple maturity options, for periods from 3 to 20 years, providing risk-free, guaranteed positive returns. What's more, their annuities eliminate financial market risks and volatility.
Upstream Life stands out thanks to its dedication to customer service, commitment to honesty, and focus on tailored client needs. Each annuity plan is designed to create lasting financial security throughout your retirement. Their experienced team acts as a pillar of support, offering value to both agent and client with the utmost integrity. Secure Legacy annuity plan guarantees a future you can look forward to.
Secure Legacy
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 2 years | 5.4% |
| 3 years | 6% |
| 4 years | 6% |
| 5 years | 6% |
| 6 years | 5.55% |
| 7 years | 5.4% |
| 10 years | 5.4% |
| 15 years | 4.9% |
10% Free Withdrawal Rider
- Beginning second contract year
- Up to 10% of the contract value
- Costs 15-basis point reduction in crediting interest rate
- Minimum withdrawal $100
- Lump-sum or equal monthly or quarterly payments
For issue ages, 55+, the 15-year and 20-Year Guarantee Period will have surrender charges reduced to 0% in years 11+.
Accumulated Interest
- After 30 days
- Accumulated interest
- Minimum withdrawal $100
- Lump-sum or equal monthly or quarterly payments
- After 30 days
- Minimum withdrawal $100
- Current year's RMD should be taken prior to transfer/rollover
Selling an investment security before its due date can result in an unanticipated gain or loss in value. That gain or loss affects the value of the annuity. Accordingly, the market value adjustment (MVA) is a factor by which the contract value and/or partial withdrawal amounts are adjusted during any surrender charge period to reflect such gain or loss. The MVA is based on the constant maturity treasury (CMT) rate appropriate for the guarantee period.
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| 10% Free Withdrawal Rider will reduce the rate by 15 basis points | No | 0.15% rate reduction |
| Death Benefit Rider will reduce the rate by 25 basis points (required ages 81+) | No | 0.25% rate reduction |
Waivers
No Waivers for Secure Legacy annuity.
- A.M. Best -
Other Upstream Life Products
Similar Products
