Navigator Ultra MVA
The Navigator Ultra MVA from Western United Life Assurance Company is a safe and effective choice for anyone planning their retirement. It's a tax-deferred annuity with guaranteed premium and interest. A standout benefit is that there are no setup fees or administrative charges, maximizing your investment from day one. Their flexible offer lets you select a guarantee period of your choice - 3, 5, or 7 years - with interest rates that are locked for the initial earmarked period.
Another great feature is the Market Value Adjustment (MVA), which could enhance the guaranteed interest rate and further grow your retirement nest egg. But be reminded that the annuity doesn't allow penalty-free withdrawals. Spanning many age demographics, Navigator Ultra MVA can be issued for age 0-75. In addition, they offer an automatic contract renewal at the end of each guarantee period. Remember, early withdrawals may attract tax penalties and charges. But rest assured, your investment is in the safe hands of a company with a long history of serving Americans since 1963.
Navigator Ultra MVA
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 3 years | 4.9% |
| 5 years | 5.15% |
| 7 years | 5.2% |
Annuitant’s Actual Issue Age
- 0-75
- $10,000 - $1,000,000
- Non-Qualified;
- IRA including Roth, SEP, Simple, & Traditional
- TSP accepted as a rollover to IRA
- Inherited/Beneficiary IRA usually taken as a direct transfer
- Not permitted
Must be set up as Electronic Funds Transfer (EFT).
Market Value Adjustment (MVA)
Your Navigator Ultra MVA annuity includes a Market Value Adjustment (MVA). This feature allows us to offer a higher guaranteed interest rate on your annuity than a plan without an MVA. This adjustment may increase or decrease the amount you receive, and depends on daily changes in the Constant Maturity Treasury1 (CMT) rates from your contract date. If you do not annuitize, surrender, or withdraw more than the penalty-free amount during the surrender charge period, the MVA will not affect the value of your annuity.
Auto Renewal
Your Contract will automatically renew at the end of each Guarantee Period for a new guarantee period. The new period will have the same term, surrender charge schedule and MVA, along with a newly declared interest rate.
Riders
No Riders for Navigator Ultra MVA annuity.
Waivers
Surrender Window
After the initial guarantee period, you will have 30 days from the beginning of each subsequent guarantee period to surrender your contract without surrender charges or applicable MVA. We will send you a reminder at least 45 days before the end of each guarantee period.
- A.M. Best B++
