CUSIP Number:
57629G204
CUSIP Name:
3 Year Annuity
Product Policy Type:
Fixed Annuity
Inception Date:
Close Date:
CUSIP Note:
3 Year Annuity
Scrap Book:
The American Freedom Aspire 3 is a single premium deferred annuity. The minimum single premium is $2,000 for qualified and non-qualified money. Available 10% of the purchase payment, during the first contract anniversary and thereafter 10% of the account value as of the most recent contract anniversary, in any subsequent contract year, without any surrender charges. Surrender charges are 3 years in duration and are waived in the event of death, entrance into an extended care, or diagnosis of a terminal illness. There is a return of premium guarantee available at the beginning of second contract anniversary included at no additional charge. 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:
30 Apr 2026 10:35