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 - 5 or 7 Years
Your client may choose a 5 or 7-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.
Surrender Periods with Flexible Withdrawal Options
Surrender-charge periods match the rate guarantee periods on the FGA 5 and FGA 7. The contract offers a variety of ways for your client to access funds before the end of the surrender-charge period without paying a surrender charge. In addition, there is no window at the end of the surrender-charge period, during which time owners are generally required to make a decision prior to a restart of surrender charges.
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.
Some products and rate guarantee periods available through select distribution only.
Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.
