Preferred-8 and Preferred-5 Annuities
- Both can be established with an initial deposit of $1,000 or $90 per month.
- Competitive interest rates.
- Additional deposits can be made anytime without affecting original surrender period.
- Up to 10% of account balance may be withdrawn each year surrender-free.
- Guaranteed minimum interest rate of 2%.
- No sales or administrative fees.
- Avoids probate.
- 8 year or 5 year surrender period.
- Available qualified plans: IRA, Roth IRA, SEP, TSA and Coverdell Education Savings Account.
Optimum 3 and Preferred Choice Annuities
- Both can be established with an initial deposit of $2,000, (max. $25,000.)
- Competitive interest rates.
- Additional deposits can be made within the first 90 days.
- Up to 10% of account balance may be withdrawn each year surrender-free.
- Guaranteed minimum interest rate of 2% for Optimum 3 and 1% for Preferred Choice.
- No sales or administrative fees.
- Avoids probate.
- Interest rate guaranteed for either 1 or 3 years.
- Available qualified plans: Preferred Choice-IRA, Roth IRA, SEP, TSA and Coverdale Education Savings Account. Optimum 3 Traditional & Roth IRA ONLY.