EverStead MYGA
Talcott Financial Group
5.3%
Best Rate
10%
Free W/D
49
States
EverSteadSM MYGA is a fixed multi-year annuity offering guaranteed compound interest rates that decline annually over 2-10 year terms, designed for clients seeking predictable, steady growth with penalty-free access to 10% of their contract value each year.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$25,000
Surrender
10 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 2-Year | 4.8% |
| 3-Year | 4.95% |
| 4-Year | 4.95% |
| 5-Year | 5.2% |
| 6-Year | 5.3% |
| 7-Year | 5.3% |
| 8-Year | 5.3% |
| 9-Year | 5.3% |
| 10-Year | 5.3% |
Key Features
Guaranteed Option Periods
9% year 1, declining to 0.5% year 10 (on 10-year option)Choose from 2-, 3-, 4-, 5-, 6-, 7-, 8-, 9-, or 10-year guarantee periods with fixed rates that decline each year
Free Withdrawal Amount
10% annuallyAccess 10% of contract value annually without withdrawal charges or market value adjustments
Premium Range
$25,000 to $2,000,000Flexible investment amounts for different financial situations
Issue Age
Ages 0-85Available to clients across a wide age spectrum
RMD Treatment
Penalty-freeRequired Minimum Distributions taken without penalty or adjustments, counted within annual free withdrawal allowance
Ownership Flexibility
Multiple optionsAccepts IRAs, Roth IRAs, non-qualified accounts, non-qualified stretches, non-natural ownership, and joint ownership
Death Benefit
Free of MVA and withdrawal chargesGreater of contract value or minimum value paid to beneficiary free of charges
Renewal Window
30 days30-day penalty-free window at end of guarantee period to withdraw or renew without charges
Nursing Home Waiver
After year 1Eliminates withdrawal charges if owner confined to nursing home or hospital for 90+ consecutive days after first contract anniversary
Terminal Illness Waiver
After year 1Removes withdrawal charges if certified physician diagnoses terminal illness within 12 months
Highlights
Fixed guaranteed rates that decline predictably over the term, starting at 9% in year 1
10% annual free withdrawal with no charges or adjustments, plus penalty-free RMDs
Flexible ownership options including IRAs, Roth IRAs, non-qualified accounts, and joint ownership
30-day renewal window with no surrender charges or MVA when the guarantee period ends
Waivers for nursing home confinement and terminal illness eliminate withdrawal charges under qualifying circumstances
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
Yr 8
2%
Yr 9
1%
Yr 10
0.5%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Conservative investors seeking steady, predictable income with guaranteed rates and penalty-free access to portions of their capital, including retirees, IRA owners, and those avoiding market volatility.
Consider Alternatives If
Investors who need immediate or frequent access to principal beyond 10% annually, as early withdrawals face declining surrender charges ranging from 9% to 0.5%.
Carrier Ratings
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