CUSIP Number:
34628V839
CUSIP Name:
7-Year Annuity
Product Policy Type:
Fixed Annuity
Inception Date:
06 Apr 2026
Close Date:
CUSIP Note:
Scrap Book:
The SecureFore II 7 is a single premium deferred annuity with Market Value Adjustment (MVA). The initial minimum contribution is $10,000 for both qualified and non-qualified money. 10% of the premium in first contract year thereafter, 10% of the prior contract anniversary value may withdrawn without incurring withdrawal charges and MVA. Systematic withdrawals are an option. Surrender charges are seven years in duration and are waived in the event of entrance into a nursing home, diagnosis of a terminal illness or chronic/critical illness. Rates vary by bank and may be higher or lower depending on special concessions or other considerations. This profile reflects standard, shelf product interest rates. 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:
27 Mar 2026 10:24