A 10% tax applies to most withdrawals made from an annuity prior to age 59½.
Surrender charges may apply to any withdrawals. Surrender charge periods for Select IV fixed annuity range from: New Money 4, 8% -0% over four years; Portfolio 6, 7% -0% over six years; Portfolio 10, 9% -0% over ten years for issue age 60+ or 10% -0% over ten years for issue up to age 59.
Surrender charge periods for AccumuLock indexed annuity range from 9% -0% over 9 years.
Renewal rates for portfolio options of the Select IV annuity are as follows: 1.40% for $100,000+, 1.15% for $25,000 -99,999 and 1.00% for $0 -24,999.
The renewal rates apply to each option of Select IV after the surrender charge period expires.
The current credited interest rate posted above (excluding the first year bonus rate) is guaranteed four years for New Money 4.Current credited interest rate posted above is neither guaranteed or estimated for the future for Portfolio 6 and Portfolio 10.
Renewal rates for AccumuLock are subject to change each anniversary and are independent of the rates for new sales.
Bonus rate, if any, is added to the current rate for the first year only.
The guaranteed rate is the guaranteed minimum rate for the life of the contract.
The guarantees expressed are based on the claims-paying ability of the issuing life insurance company.
Bank CDs and accounts are FDIC insured, the other products referenced here are not federally insured.
Agent must be a registered representative of FBL Marketing Services, LLC to discuss mutual funds or variable products.
For AccumuLock and New Money sales, the actual interest rate or indexed cap rates applied to the contract will be the current rates in effect on the date the application is complete and in good order, and the money has been received at the home office.
For New Money 4, a four-year contract is required.
Rates are based on the Company's 01/11/2023 declared interest rates. Listed rates are neither guaranteed nor estimated for the future. Please call 1-800-247-4170 for today's rates.