Woman’s Life Insurance Society
4.8
based on complex data
Annuity Educator Rating
Annuity review

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!

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Intuitions Five

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About Product

Premium Type
Single Premium
Fee withdrawal:
10%
Market Value Adjustment
No
Return Of Premium
Yes
Minimum Contribution
$10,000
Maximum Contribution
$500,000
Max Age Qualified
85
Types Of Funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, IRA Rollover, IRA Transfer, IRA-Roth, 457 plan, and TSP

MYGA Interest Rates

Term
Rate
Annual percentage yield (APY)
earned over the investment term
5 years 3.8%
Intuitions Five is a single-premium deferred annuity (SPDA), with all early-surrender/withdrawal charges ending after just five years. You can make a one-time premium deposit of $10,000 or more. The money earns a competitive rate of return that can never fall below the guaranteed minimum rate. All interest is tax-deferred; no taxes are due until distribution is made from the annuity. When you are ready to retire, benefits can be taken under several options – from a lump sum to income for life, regardless of how long you live. The Woman's Life Insurance Society Intuitions Five can be created as either (1) an IRA, to consolidate funds from qualified plans and other IRAs; or (2) an individual, non-IRA annuity to tax-defer earnings for retirement. 
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. 
Withdrawals
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

Fraternal Benefits Available to Benefit Members
Good Health Benefits
Woman’s Leadership Development Grant
Scholarship Opportunity

Year by Year Account Balance

Understand how your money will increase when invested in Intuitions Five.
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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.

Company Founded: 1892
Good Rated Company
Woman’s Life Insurance Society
Company Ratings
4.8
  • A.M. Best -
Assets: $197,733,255
Michigan

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