Intuitions Five
The Intuitions Five is a versatile, single-premium deferred annuity tailored to offer a reliable stream of income in your golden years. With a one-time premium deposit of $10,000 or more, you can enjoy a competitive, guaranteed minimum return that actively works towards securing your retirement. Plus, you can wave goodbye to early surrender charges after five short years!
What sets this plan apart is that it vests complete control in your hands. You can choose to integrate funds from existing IRAs, convert business or home-sale profits, or transfer money from mutual funds into one consolidated contract. Also, your interest earnings? They're tax-deferred until you choose to make a withdrawal. This could be your key to ensuring a worry-free, financially stable retirement!
Intuitions Five
About Product
MYGA Interest Rates
Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
---|---|
5 years | 3.8% |
You should consider Intuitions Five if you want to...
- Make a one-time premium deposit of between $10,000 and $500,000.
- Have the option to access your money without surrender or withdrawal charges after the first five years.
- Steadily accumulate funds to help assure your retirement security.
- Benefit from the safety of a guaranteed minimum return.
- Defer all income taxes on interest.
- Consolidate or transfer money from IRAs or 401(k) rollovers into one contract.
- Transfer funds earmarked for retirement from maturing certificates of deposit, mutual funds, life insurance proceeds and other inheritances, as well as profits from home and business sales.
Option after the first year to withdraw up to 10% of accumulated value each year, without withdrawal charge. (Tax and tax penalties may apply.)
This annuity does not allow any withdrawals during the first certificate year (including RMD).
Issue Age
Traditional IRA ages 18 – 69 (older ages rollover only)
Roth IRA ages 18 – 85
To contribute to IRAs, must have earned income.
Principal guarantee
Your cash surrender value will not be less than the total amount of premium paid minus withdrawals.
Notes
From TSP, P/S, 457 Def Comp, may have to identify pre tax funds and after tax to set up an IRA account and / or NQ account.
Fraternal Benefits Available to Social & Benefit Members
Woman’s Life Member Discount Program
Life Line Screening
Accidental Death Fraternal Benefit
Local Chapter Involvement
Good Health Benefits
Woman’s Leadership Development Grant
Scholarship Opportunity
Riders
No Riders for Intuitions Five annuity.
Waivers
Nursing Home
Unavailable in states: NJ, NY, OR, and PA
Surrender and withdrawal charges are waived for confinement to a nursing home of a member or spouse for more than 30 days duration.
Terminal Illness
Unavailable in states: NJ, and NY
Surrender and withdrawal charges are waived for terminal illness with less than 12 months life expectancy of the member or spouse.
Annuitization
After the first certificate year, surrender and withdrawal charges are waived for annuitization to a life income option.
- A.M. Best -