FCSU LIFE: Rates as of 2/01/2020
Eight year Flex annuity: 3.85% current rate, flex contract, portfolio rate, minimum guarantee of 2.00%. will accept additional deposits. 10% free withdrawal. Commission 2.00% through age 85. Surrender charges apply after the 10.00% free withdrawal, 8%,7%,6%,5%,4%,3%,2%,1%. available in the following states. AZ,CO,CT,FL,GA,IL,IN,IA,KY,MA,MD,MI,MN,MO,NC,NE,NJ,NV,NY,OH,PA,SC,TN,TX,VA,WV, and WI.
Six year Flex annuity: 3.45% current rate, same features and commission as the 8 year Flex annuity. 2.00% minimum guarantee rate. Issued through age 85.
Six year SPDA MYGA annuity: 3.35% guaranteed rate for 6 years. 2.00% minimum guarantee rate after 6th year of the contract. Surrender charges in excess of the 10.00% free withdrawal amount, 6%,5%,4%,3%,2%,1%. Commission same as 8 year flex. Issued through age 85.
Two year SPDA: 2.35%
Guaranteed rate for 2 years. After 2 years the minimum guarantee rate is 1.00%, and surrender charge free. 10.00% free withdrawal of the accumulated value as of January 1st each year. For non-qualified funds only. Surrender charges in excess of the 10.00% free withdrawal, 6%, 5%, 0%. Commission .50%. Not available in NY.