A 10% tax applies to most withdrawals made from an annuity prior to age 59½.
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.
Rates are based on the Company's 3/1/2024 declared interest rates. Listed rates are neither guaranteed nor estimated for the future. Please call 1-800-247-4170 for today's rates.
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.
Simple Select Fixed Annuity
Surrender charges may apply to any withdrawals. Surrender charge periods range from 8%-1%.
Surrender charge periods for AccumuLock indexed annuity range from 9% -0% over 9 years.
Renewal rates for AccumuLock are subject to change each anniversary and are independent of the rates for new sales.