CUSIP Number:
68446FA39
CUSIP Name:
MYGA Annuity
Product Policy Type:
Fixed Annuity
Inception Date:
01 Dec 2019
Close Date:
CUSIP Note:
Scrap Book:
The Harbourview MYGA is a single premium deferred annuity with a market value adjustment. The minimum single premium is $20,000 for qualified and non-qualified money. 10% of the contract value as of the prior contract anniversary is available after the first contract year. Systematic Withdrawal is an option. Surrender charges vary by guarantee period chosen and are waived in the event of annuitization and death. There is a window prior to the end of each guarantee period in which the contract may continue for the same guarantee period at the declared renewal rate, annuitize the contract, choose another guarantee period, surrender the contract, or withdraw all or part of the accumulated funds without incurring a surrender charge or MVA (30 days). If no election is made during this window, the contract will automatically renew for the same guarantee period at the declared renewal rate. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Early surrender charges may also apply. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Last Modified:
16 Dec 2025 12:21