Multi-Choice Annuity (No WD) 7
Multi-Year Guarantee Annuity
The Multi-Choice Annuity (No WD) 7 is a deferred multi-year guarantee annuity issued by The Standard – Standard Insurance Co.
This annuity is a premium banded product. The interest rate you earn will vary depending on the amount of premium you deposit (see Rate Details below). Currently, the highest 7 year guarantee period annual yield is 5.05% on premium amounts of $100,000 - $1,000,000. This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. The Multi-Choice Annuity (No WD) 7 has a full penalty free withdrawal window after 7 years.
This annuity also waives withdrawal penalties upon death. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option.
Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.
The Standard – Standard Insurance Co is rated “A” by A.M. Best, was founded in 1906, and has over $24.3 billion in total assets.
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Apr 1st, 2024
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7 years
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| Current | |
|---|---|
| 7 Year Guarantee Period Annual Yield: | 5.05% |
| Interest rate start of year 1 through end of year 7: | 5.05% |
| Current | |
|---|---|
| 7 Year Guarantee Period Annual Yield: | 4.95% |
| Interest rate start of year 1 through end of year 7: | 4.95% |
7 years
7 years
7 years
State variations may exist, refer to product disclosure for details.
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$15,000
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$15,000
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$1,000,000
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$1,000,000
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90
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90
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45 days
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Yes
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Accumulation Value
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No
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None
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None
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No
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Yes
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See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.
Not available in: NY (as of 03/15/2022)
For CA: No Market Value Adjustment (MVA)
Description Here
