Future Select 7
With the Future Select annuity, you'll find comfort in its robust safety measures as it's issued by the trusted Western United Life Assurance Company. You won't pay a dime in sales fees and administrative charges, making it a cost-effective choice for a secure financial future. It's tax-deferred and offers guaranteed returns, ensuring your funds work for you instantly and effectively.
Whether you pick a 5 or 7-year guarantee period, desirable interest rates are available. The Future Select annuity also offers flexible payout options and death benefits which avoid probate, easing inter-generational wealth transfers. With a minimum investment limit of $10,000, enjoying peace of mind has never been this accessible.
Future Select 7
Ratings:
- A.M. Best B++
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 7 years | 4.05% |
Annuitant's Actual Issue Age
- 0-84
- $10,000 - $1,000,000
- Non-Qualified;
- IRA including Roth, SEP, Simple, and Traditional.
- TSP accepted as a rollover to IRA
- Inherited/Beneficiary IRA usually taken as a direct transfer
Beginning in the first year of your Future Select annuity, you may partially surrender (withdraw) up to 15% of the Annuity Value per calendar year without surrender charges.
Guaranteed Return of Premium
The surrender value of your contract will never be less than the premium you paid, minus any partial surrenders you’ve taken.
Death Benefits
If the Annuitant dies before payments begin, your beneficiary has access to the full annuity value as a single sum or as one of 6 other settlement options. Because this death benefit avoids probate, it can ease inter-generational wealth transfers and reduce fees and delays associated with the probate process.
Riders
No Riders for Future Select 7 annuity.
Waivers
Death
Surrender Charges are waived upon death of the Annuitant.
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