A solid foundation requires the right building blocks for the right job. With single-premium annuities, you can turn a one-time, lump sum premium payment into guaranteed income for life. Watch your money grow tax-deferred with the power of compounding interest with Gleaner Life’s Foundation MYGA4. This multi-year annuity guarantees a competitive initial interest rate for four years. Gleaner's Foundation MYGA4 can be a great financial solution for lump sums like inheritances and 401(k) rollovers.
Product Features:
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Multi-year interest rate guaranteed for the entire surrender charge period
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Competitive multi-year interest rate with a guaranteed minimum of 1.00%
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Allows withdrawals up to 15% of the account value per certificate year
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Four year surrender charge period: 6%, 5%, 4%, 3% and 0% in years five and after
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Minimum initial premium of $10,000
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No minimum issue age; maximum issue age of 95; 82 for Beneficiary NTQ annuities (applies to both owner and annuitant.
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Retirement Options: Traditional IRA, Roth IRA, SEP IRA, TSA/403(b)
| Rate Band | Interest Rate | |
| $10,000 - $49,999 | 4.45% | |
| $50,000 - $99,999 | 4.45% | |
| $100,000 - $249,999 | 4.75% | |
| $250,000 + | 4.75% | |
Interest rates as of Oct. 27, 2025.
Form No. ICC22-SPDA with state-specific variations.
