Explore Our New Multi-Choice Annuity

February 2, 2021
Explore Our New Multi-Choice Annuity

The Multi-Choice Annuity is a single-premium deferred annuity. It offers a robust set of client-friendly features, plus a unique option where clients can select a withdrawal provision that best meets their financial needs.

Key Features

  • 3-, 5- or 7-year durations
  • Choice of 4 withdrawal options at the time of application:
    • No withdrawal provision
    • Interest-only withdrawal after 30 days
    • 10% annual withdrawal provision1
    • 10% annual withdrawals and Guarantee of Principal1
  • MCA 3 and 5 issue to age 932
    MCA 7 issues to age 90
  • Owner-driven contract with joint owner/annuitant options for non-qualified cases
  • Maturity to age 115
  • Market value adjustment feature. (No MVA on products sold in California.)

View rates and more information >

Important Notes

  • We require product training before starting an application.
  • We’re accepting only paper applications at this time.
  • You can find applications, product information and product training on our website.
  • If your broker dealer requires product approval, please ask them to start the due diligence process with us directly by sending us a message.


1. Applies after the first contract year.
2. The purchase of the annuity for those age 91-93 must be for transfer-of-wealth or estate-planning purposes.

The Multi-Choice Annuity is a product of Standard Insurance Company; availability varies by state. Contract: ICC17-SPDA (01/17), SPDA (01/17), SPDA-CA, SPDA-FL, SPDA-DE, SPDA-ND. Riders: ICC17-R-MVA, ICC17-R-TCB, ICC17-R-NHB, ICC17-R-ANN, ICC17-R-DB, ICC17-R-ANNDW, ICC17-R-EIO, ICC17-R-IRA, ICC17-R-Roth IRA, ICC17-R-QPP, R-MVA, R-TCB, R-TCB-CA, R-NHB, R-NHB-CA, R-TCB/NHB-SD, R-ANN, R-DB, RANNDW, R-EIO, R-IRA, R-Roth IRA, R-QPP.

The Multi-Choice Annuity contains an MVA feature. Surrender charges may apply to withdrawals during the surrender period. A 10% IRS penalty may apply to withdrawals prior to age 59½. The annuity is not guaranteed by any bank or credit union and is not insured by the FDIC or any other governmental agency. The purchase of an annuity is not a provision or condition of any bank or credit union activity. Some annuities may go down in value. The guarantees of the annuity are based on the financial strength and claims-paying ability of Standard Insurance Company. An annuity should not be purchased as a short-term investment.

Not FDIC-insured. No bank guarantee. May lose value. Not insured by any federal government agency. Not a bank deposit.


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