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Product Details
Nassau Growth Annuity 7 Group C
Company social profile:
Product Name
Nassau Growth Annuity 7 Group C
Annuity Type
FIA
Issuing Insurance Company and Ratings
Nassau Life Insurance Company
Ratings
Product Information
The Nassau Growth Annuity 7 Group C is a single-premium fixed indexed annuity with a 7 year surrender charge period, an MVA provision, and a variety of features including: • Growth potential based on the performance of a market index; • A fixed interest rate account option; • Flexible benefit options to suit your needs; • Several ways to access your annuity’s value;
Key Features
Premium Types: Single
Minimum Premium: 15,000
Maximum Premium: 2,000,000
Free Look Period: 10 Days
Rate Lock Period: 60 Days
Tax-Qualified: 457, IRA, 401k, 401a, KEOGH, NonQual, TSA 403b, IRA-Roth, IRA-Simple, IRA Rollover
Rates
Effective Date: 01/04/2026
Initial Guarantee Period: Fixed Rate 1 Year
Next Change: N/A
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Premium Amount: 15,000 - 2,000,000
Current
1 Year Guarantee Period Annual Yield:
3.7%
Interest rate start of year 1 through end of year 1:
3.7%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Flexible Premiums Not Accepted
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
N/A
Withdrawal Provisions
First Year Withdrawals: 10%
Withdrawal Years 2+: 10%
Wait Period Interest Only : No Wait
Withdraw from the accumulation Value After : Immediately
Minimum Policy Value : $15,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $250
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 85
Premium Limits: Flexible Premiums Not Accepted
State Restrictions: Only available in CA
