Bonus Flexible Annuity
Mutual of Omaha
3.8%
Best Rate
10%
Free W/D
50
States
A tax-deferred annuity that lets your retirement savings grow without annual tax bills while providing flexible access to your money and multiple income options when you retire.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$5,000
Surrender
8 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 8-Year | 3.8% |
Key Features
Initial Bonus Rate
+1% for 1 yearCurrent interest rate plus an additional 1% bonus on each deposit, guaranteed for one year
Tax-Deferred Growth
Taxes deferred until withdrawalNo income taxes owed on earnings until you withdraw them, allowing more compounding
Penalty-Free Withdrawals
10% annually, $100 minimum/monthAccess up to 10% of accumulated value each year without withdrawal charges
Minimum Guarantee
3% minimum guaranteedPrincipal protection with guaranteed minimum interest rate
Lifetime Income Options
Multiple payout choices availableChoose monthly income for life with 10-year guarantee or guaranteed amount options
Policy Minimums
$2,000 initial, $1,000 minimum additionsLow entry point for both qualified and non-qualified accounts
Withdrawal Charges
7% years 1-3, declining to 0% year 7+Declining surrender charges that disappear after year 7
Highlights
Tax-deferred growth means your earnings stay invested and working for you until you withdraw
Initial 1% bonus rate on deposits for the first year, plus flexible contribution options
Access 10% of your account value annually with no withdrawal charges
Multiple payout options including lifetime income guarantees for retirement security
100% principal guarantee backed by A.M. Best-rated Companion Life Insurance Company
Surrender Schedule
Yr 1
8%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
Yr 8
2%
After
0%
Best For
This product is best for investors age 85 or under who want tax-deferred retirement savings with guaranteed principal protection, flexible access to funds, and multiple income options in retirement.
Consider Alternatives If
This product may not be suitable for those who need full access to their funds within the first few years, as surrender charges apply (though the 10% annual free withdrawal provision provides some liquidity).
Carrier Ratings
Free Comparison Report
Get a personalized Bonus Flexible Annuity illustration
See year-by-year projections for your specific age, premium, and income goals.