Focused Growth Annuity


The enhanced FGA product is not yet available in CA or NJ. For those states, please refer to your state specific Brochure and Broker Guide for product details.

A Rewarding Blend of Safety, Growth and Flexibility

The Focused Growth Annuity is a single-premium, deferred annuity offering a robust set of client-friendly features plus a market-value adjustment feature, which optimizes the growth potential of your client's savings.

Rate Guarantees - 3, 5, 7 or 10 Years

Initial Rate Guarantee Period

Your client may choose a 3, 5, 7 or 10-year initial interest rate guarantee period and receive the rate in effect at the time they buy the annuity for the entire length of the guarantee period. Interest is calculated and credited daily. At the end of the term, they may withdraw their money or automatically start a new guaranteed-rate period.

Subsequent Rate Guarantee Period

If your client chooses to continue their annuity, a new interest rate guarantee period and surrender-charge period automatically begins at the end of the initial term, then again at the end of each subsequent term.1 All subsequent terms will be for the same duration as their initial guarantee period.

During the first 30 days of each subsequent term, your client may withdraw some or all of their funds without a surrender charge or market value adjustment.

The Standard sets a new interest rate at the beginning of each subsequent rate guarantee period, and we guarantee the rate for that period. The new rate may be higher or lower than the interest rate of the initial rate guarantee period.

Surrender Periods with Flexible Withdrawal Options

Surrender-charge periods match the rate guarantee periods. For example, if your client selected a Focused Growth Annuity 3, all subsequent guarantee periods will be 3 years.

At the end of each guarantee period, new interest rate guarantee periods and surrender-charge periods automatically begin.1 During the first 30 days of each subsequent surrender-charge period, your client may withdraw some or all of their funds without a surrender charge. In addition, the FGA offers withdrawal options without a surrender charge or market value adjustment to help in certain situations.

Target Clients

The Focused Growth Annuity is a good fit for a long-term saver who likes the benefits of tax-deferred growth and protection as part of their retirement strategy.

This annuity is also an excellent way to enhance your client’s retirement-savings plan and can be used to fund IRAs, 403(b) TSAs, and SEPs.


1 Subject to restrictions in Florida to comply with state regulations.

  • Focused Growth Annuity 3
    • 3-Year Rate Guarantee Periods, 3-Year Market Value Adjustment Periods
    • 3-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%)
  • Focused Growth Annuity 5
    • 5-Year Rate Guarantee Periods, 5-Year Market Value Adjustment Periods
    • 5-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%)
  • Focused Growth Annuity 7
    • 7-Year Rate Guarantee Periods, 7-Year Market Value Adjustment Periods
    • 7-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%)
  • Focused Growth Annuity 10
    • 10-Year Rate Guarantee Periods, 10-Year Market Value Adjustment Periods
    • 10-Year Surrender-Charge Periods (9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%, 2.5%, 1.5%, 0.5%)
  • $15,000 to $1,000,000 initial premium (greater amounts may be possible if pre-approved before you submit an application)
  • 45-day rate lock
  • Additional premium accepted in first 90 days
  • Issue age
    • FGA 3 and 5 issues to age 931
    • FGA 7 issues to age 90
    • FGA 10 issues to age 80
  • Joint Owner and Joint Annuitant options
  • Surrender-Charge-Free (and MVA-Free) Withdrawal Options
    • First 30 days of each subsequent surrender charge period
    • Regularly scheduled payments of interest earnings
    • Required minimum distribution
    • Terminal conditions2
    • Nursing home residency2
    • Death benefits
    • Annuitization


1 The purchase of the annuity for those age 91-93 must be for transfer-of-wealth or estate-planning purposes.

2 Applies after the first contract year. May not be available in all states.


Competitive Interest Rate Guarantees

The Focused Growth Annuity offers growth potential through competitive interest rates. The Standard has a longstanding history of reliable fixed annuity performance.

Whether your client chooses the Focused Growth Annuity's 3, 5, 7 or 10-year guarantee option, the initial interest rate is guaranteed to remain level during the initial rate guarantee period. At the end of the term, your client may withdraw their money or automatically start a new guaranteed-rate period.

45-Day Rate Lock

A rate lock allows 45 days from the time a request for a rollover, transfer or exchange is received in the home office. If funds are received within the 45-day window, your client will receive either the held rate or the current rate, whichever is greater.

Market Value Adjustment

The MVA is a key design feature that helps optimize the growth potential of the Focused Growth Annuity over the long term. The presence of an MVA helps protect the insurance company against early withdrawals from the annuity, and in turn, the MVA allows the insurance company to generally credit a higher interest rate to the annuity contract. For those clients who do not plan on taking distributions beyond the penalty-free withdrawals allowed during the surrender period, the MVA can work to their advantage by helping them receive a more competitive interest rate.

Advantages of Tax Deferral

Taxes are due only when you've withdrawn funds or scheduled distributions from the annuity. Most people take these actions during retirement, when they are likely in a lower tax bracket. As a result, interest has been accumulating on principal, earnings and money that would have otherwise been paid in income taxes, and the taxes you do pay may be at a lower tax rate.

Time to Reflect on the Purchase

Your client may cancel and return their contract within 30 days after it is delivered. We will refund their premium after a cancellation, minus any withdrawals taken.

Sales Resources

Create FGA Numerical Examples with your own premium and interest rate.


Enhanced FGA Marketing Materials (*Not for use in CA, NJ, NV & OR)

At a Glance Product Guide

Product Highlights Flyer

Brochure for 3, 5, 7 & 10

Broker Sales Guide 

Renewal Rate History for 5 & 6 (FGA 6 no longer sold)

Product Information PowerPoint 


FGA 3 Static Numerical Example

FGA 5 Static Numerical Example

FGA 7 Static Numerical Example

FGA 10 Static Numerical Example


California and New Jersey

Brochure for 5 & 7 - CA 

Brochure for 5, 7 & 10 - NJ 

Broker Sales Guide - CA, NJ