Product Details
Guaranty Rate Lock 5
Company social profile:
Product Name
Guaranty Rate Lock 5
Annuity Type
MYGA
Issuing Insurance Company and Ratings
Guaranty Income Life Insurance
Ratings
Product Information
The Guaranty Income Life’s Guaranty Rate Lock 5 is a Single Premium, Multi Year Guaranteed Annuity with a 5 Year Interest Rate Guarantee, a 5 Year Surrender Charge Period, and a Market Value Adjustment Provision.
Key Features
Premium Types: Single
Minimum Premium: 10,000
Maximum Premium: 3,000,000
Free Look Period: 30 Days
Rate Lock Period: 45 Days
Tax-Qualified: IRA, NonQual, IRA-Roth, IRA Rollover
Rates
Effective Date: 23/09/2025
Initial Guarantee Period: 5 years
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: $100,000+
Current
5 Year Guarantee Period Annual Yield:
$250,000 through $3,000,000%
Interest rate start of year 1 through end of year 5:
$250,000 through $3,000,000%
Accumulation Value (assuming no withdrawals)
Premium Amount: $50,000 - $99,999
Current
5 Year Guarantee Period Annual Yield:
$100,000 through $249,999%
Interest rate start of year 1 through end of year 5:
$100,000 through $249,999%
Accumulation Value (assuming no withdrawals)
Premium Amount: $25,000 - $99,999
Current
5 Year Guarantee Period Annual Yield:
$10,000 through $99,999%
Interest rate start of year 1 through end of year 5:
$10,000 through $99,999%
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
Not available in AK GU HI ME NY PR VI
Withdrawal Provisions
First Year Withdrawals: No
Withdrawal Years 2+: 5%
Wait Period Interest Only : 1 Year
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $1,000
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): Owner: 100, Annuitant: 100
Premium Limits: Flexible Premiums Not Accepted
State Restrictions: Not available in AK GU HI ME NY PR VI
