Multi-year guaranteed annuity

Are you looking for a conservative place to protect a portion of your retirement nest egg? You’ve worked hard to save your money, so why not protect it and watch it grow with a product and organization you can count on? With Modern Woodmen’s multi-year guaranteed annuity, you can have tax-deferred growth and no upfront sales fees, while having the comfort of knowing your money is safe, secure and growing. With a multi-year guaranteed annuity, protecting your savings is easy!

Choose your guaranteed period.

Contribute a single premium between $10,000 and $1 million. Lock in a guaranteed rate for 3, 5 or 7 years.

Avoid market risk.

Enjoy conservative, steady growth with predictable future values. (Assumes no withdrawals.)

Renew or use your money.

At the end of your guaranteed period, you can choose a new 3-, 5- or 7-year guaranteed period at the current available rates. You can even add additional money or take your funds without a withdrawal charge. (Just remember, withdrawal charges reset at renewal.)

You can also do nothing. Your money will stay in the contract, but earn a new 1-year guaranteed interest rate. You can access your funds free of withdrawal charges … or even withdraw the entire balance.

Withdrawals taken during the guaranteed period are subject to withdrawal charges. Some exceptions may apply.

Interest generated by the multi-year guaranteed annuity is taxable when withdrawn. Withdrawals before age 59½ may result in a 10% IRS penalty. Guarantees are backed by the claims-paying ability of Modern Woodmen. This annuity is issued on Form ICC 19 MYGA or a state specific variation where applicable. State variations may apply. This material is for informational purposes only. Please read your contract and disclosure statement for complete details on this annuity’s features. This material is not intended to provide tax or legal advice. Consult your tax or legal advisor before making a decision. This annuity is not available in New York.