Royal Neighbors of America
Royal Neighbors of America

MYGA 3-year: Less than $100,000

3.90
%
3
Year Term
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Carrier Information

Company Name
Royal Neighbors of America
Product Name
MYGA 3-year: Less than $100,000
AM Best Rating
A Excellent
Carrier Websites
Carrier Phone
Product Description

Issue Ages:

Owner and Annuitant: 18-85, age last birthday (Non-Qualified, Traditional, and ROTH IRA)

Owner and Annuitant: 21-85, age last birthday (SEP IRA)

Premiums

  • Minimum Premium: $10,000
  • Maximum Premium: $1,000,000; premiums greater than $500,000 require Home Office approval (complete and submit form 10019).

Maturity Date

The Maturity Date is the Certificate Anniversary after the Annuitant's 70th birthday or ten years after issue, whichever is later.

The Owner can elect an Optional Maturity Date later than the above Maturity Date. If no request is received 31 days prior to the Maturity Date above, a Maturity Date of the Annuitant's age 115 will be automatically selected.

Chargebacks

100% chargeback for surrender during the free look period and for a death in the first certificate year.

Product Overview

Product Type
MYGA
Term
3
Years
Brochure
Not Available In
AK, AL, HI, IA, LA, MA, NH, NY
Surrender Schedule
9%, 8%, 7%

Product Details

Year 1 Rate
3.90
%
Year 2+ Rate
3.90
%
Rate Effective Date
November 1, 2024
Minimum Investment
100000
Maximum Investment
1000000
Maximum Age
85
RMD
Yes
Market Value Adjustment
Yes
Withdrawal Allowance
Monthly Interest Available Owners may elect to automatically receive their interest earnings every month without incurring a Surrender Charge or causing a Market Value Adjustment.
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Disclaimer: Rider deductions offered on some products. Rates may vary with certain states. Some products not available in certain states (refer to carrier product state availability grid)