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Annuities
If you are a financially conservative senior (or a person approaching the retirement age), if you want conservative investment with attractive guaranteed interest rates, and if you want flexibility and liquidity on the current income, then our single premium deferred annuity with high guaranteed interest rates and short period of surrender penalty will be one of the ideal investment vehicles for you.
What are the benefits of owning an Annuity?
Our Annuities provide you with the ability to:
- Accumulate funds on a tax-deferred basis
- Receive guaranteed interest on a tax-deferred basis
- Withdraw funds later as a lump sum
- Convert your funds into monthly cash payments to last through retirement
- Plan for retirement with no annual maintenance fees
- Receive a guaranteed stream of income for life
Single Premium Deferred Annuity
You make a single premium payment of your choice (within policy guidelines) that will earn an attractive interest rate that is guaranteed for a specific number of years (3 years or 5 years). In addition, after the 3 or 5 years (end of the guaranteed period or end of surrender penalty period), your annuity still will receive high ultimate guaranteed interest rate and you could cash out any time without any penalty.
How can I get an Annuity?
Our Annuities are only offered in Texas. To learn more contact your agent, or call 800-552-7879 or email annuity@neweralife.com for an agent referral.
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These products are underwritten by...
- New Era Life Insurance Company
- New Era Life Insurance Company of the Midwest
- Philadelphia American Life Insurance Company