Your Guaranty Rate Lock annuity crediting rate is determined by the guaranty period chosen and the amount of premium put into the plan. Visit with a GILICO advisor to obtain current crediting rates.
PREMIUM AMOUNT $10, 000 - $99,999 $100,000 - $249,999
CREDITING RATE
GUARANTY RATE LOCK ANNUITY CREDITING RATE
Great Better
$250,000+
Best
LIQUIDITY is available if needed via Required Minimum Distributions or Free Partial Withdrawals. Excess withdrawals may incur surrender charges and a Market Value Adjustment (MVA)*. • Free Partial Withdrawals Required Minimum Distributions or 5% of prior anniversary accumulation value, starting in year 2 ($250 minimum) • Systematic Withdrawals Free Partial Withdrawals or Required Minimum Distributions are available in monthly, quarterly, semi-annual or annual payments • Terminal Illness & Nursing Home Confinement Waiver of Surrender Charges & MVA Surrender Charges and MVAs may be waived for a Full or Partial Surrender if qualifications are met Guarantees and annuity values are protected by the financial strength of Guaranty Income Life Insurance Company (GILICO), as they have been since the company was founded in 1926. Rest assured that GILICO will be here to fulfill financial promises and to serve you as you save and plan for an enjoyable retirement. Product availability and features may vary by state. *A Market Value Adjustment (MVA) could increase or decrease cash surrender values during the initial guarantee period. If the applicable Treasury rates increase after the contract is purchased, the surrender value will decrease; if those rates decrease after the contract is purchased, the surrender value will increase. See the contract for more details. You should only consider purchase of an annuity if you intend to hold it through the guarantee period. Withdrawals are subject to income taxation for the tax year that the withdrawals are made. If withdrawals are made prior to age 59½, they may also be subject to an IRS penalty. If you have Qualified funds, the IRS does enforce Required Minimum Distributions beginning at age 72. Full Surrender Value will be the greater of Minimum Guaranteed Cash Value and Accumulated Value less surrender charge and MVA. Minimum Guaranteed Cash Value is 87.5% of Premium, less withdrawals or applicable premium taxes, accumulated at standard non-forfeiture interest rate of 1 -3 %. Guaranteed Minimum Interest Rate (GMIR) is 0.50%. Annuities are not a deposit, not FDIC insured, not guaranteed by any Federal Government Agency, are not guaranteed by a bank or savings association and may go down in value. Please consult your attorney or tax professional for legal or tax advice.
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