- Single premium fixed deferred annuity offering a fixed interest rate for five, six, or seven-year guarantee periods.
- Depending on the guarantee period, you may also receive an interest rate enhancement during the first contract year. However, the declared accumulation interest rate still applies throughout the guarantee period you choose. The availability of the interest rate enhancement is not guaranteed and is subject to change.
- Earnings grown on a tax-deferred basis.
- Options after guaranteed period:
- Withdraw all money without penalty during a special 30-day window, OR
- Continue the annuity and earn an annual effective interest rate, declared annually on the policy anniversary.
Form Series: MYGNQ, MYGPQ, MYG16(04), MYGNQ(29) and MYGPQ(29)