Multi-year Guaranteed Annuities (MYGA)

Guaranteed income.
Principal protection. 

  • Choose your principal amount.

    If you’re looking for guaranteed growth, a MYGA might be the right strategy for you. MYGAs allow you to earn interest at a fixed, competitive rate for the entire duration of your contract term.

  • Let it grow.

    With our Multi-Year Guaranteed Fixed Option, we credit your account daily, so you get to witness your interest accumulate up until your contract ends. Market movement has no impact on your earnings. With a traditional MYGA allocation, you can walk away financially better supported through your retirement.

Download Brochure (PDF)

MYGA Plus™

We have designed an innovative product that combines a daily guaranteed interest crediting method with an Indexed Linked Option. The Indexed Linked Option allows you to allocate a portion of your MYGA Plus™ principal to a crediting strategy offering a higher fixed rate while still ensuring principal protection.

For the duration of the contract, you earn a fixed interest rate that is fully credited to your account every year if the S&P 500® Index gains in any annual period. If it goes up (no matter how much), you get the full fixed rate promised to you at the inception of your contract and any subsequent term.

Policy form number ICC22-MPC-0322, Rider numbers ICC22-R-TIW and ICC22-R-NHHCW (Series). Not available in all states.

Legacy Transfer

Transfer your wealth to loved ones.

At the end of your life, any named beneficiary will receive the value of your annuity in a lump sum payment. If you were already being paid out the value for a specific term, the beneficiary will receive the remainder of those payments. This feature generally eliminates the need for a lengthy, expensive probate process.

 

Tax Deferral

Only pay tax on cash-in-hand.

As a retirement product, annuities come with attractive tax benefits. Taxes are deferred on the interest you earn until you make a withdrawal or receive your first payment.

Free Partial Withdrawals

Access when you need it.

Should any situation arise where you need to withdraw early, you always have access to your account. Beginning in the second year of your contract, you may withdraw up to 10% of the previous year’s total accumulation value before incurring a “surrender charge”. Annuities are a long-term retirement product, so make sure to consider if you might need the money soon.