Western National 5 Plus Annuity with Market Value Adjustment
The Western National 5 Plus Annuity is a single-premium, tax-deferred fixed annuity with a market value adjustment (MVA). It offers safety of principal, a fixed rate of return, and an income option that transforms the contract balance into a guaranteed income stream for life.* Some people buy a Western National 5 Plus Annuity to help meet some of their individual retirement and other long-term needs.
The Western National 5 Plus Annuity is a contract between you and The United States Life Insurance Company in the City of New York.
It allows you to build your annuity value over time and convert it to income in the future.
Because it’s a single-premium contract, you purchase the annuity with only one lump-sum payment (a single payment amount).
The Western National 5 Plus Annuity is designed to achieve long-term rather than short-term goals. Withdrawing money early can lead to early withdrawal penalties as well as certain tax penalties. If you withdraw more than the permitted free amount before the MVA term ends, the annuity value will also be subject to a market value adjustment, which could decrease or increase the annuity value depending on whether interest rates are up or down.
Click here for a detailed Summary of Western National 5 Plus Annuity with Market Value Adjustment.
Western National Future Freedom Annuity
The Western National Future Freedom Annuity is a single-premium, tax-deferred fixed annuity. It offers safety of principal, a fixed rate of return, and an income option that transforms the contract balance into a guaranteed income stream for life.* Some people buy a Western National Future Freedom Annuity to help meet some of their individual retirement and other long-term needs.
The Western National Future Freedom Annuity is a contract between you and The United States Life Insurance Company in the City of New York.
It allows you to build your annuity value over time and convert it to income in the future.
Because it’s a single-premium contract, you purchase the annuity with only one lump-sum payment (a single payment amount).
The Western National Future Freedom Annuity is designed to achieve long-term rather than short-term goals. Withdrawing money early can lead to early withdrawal penalties as well as certain tax penalties.
Click here for a detailed Summary of Western National Future Freedom Annuity.
Western National Security Builder 5 Annuity
The Western National Security Builder 5 Annuity is a single-premium, tax-deferred fixed annuity. It offers safety of principal, a fixed rate of return, and an income option that transforms the contract balance into a guaranteed income stream for life.* Some people buy a Western National Security Builder 5 Annuity to help meet some of their individual retirement and other long-term needs.
The Western National Security Builder 5 Annuity is a contract between you and The United States Life Insurance Company in the City of New York.
It allows you to build your annuity value over time and convert it to income in the future.
Because it’s a single-premium contract, you purchase the annuity with only one lump-sum payment (a single payment amount).
The Western National Security Builder 5 Annuity is designed to achieve long-term rather than short-term financial goals. Withdrawing money early can lead to early withdrawal penalties as well as certain tax penalties.
Click here for a detailed Summary of Western National Security Builder 5 Annuity.
All guarantees are subject to the claims-paying ability of The United States Life Insurance Company in the City of New York. Annuities have limitations.
* Annuitization required (the process of converting the fixed annuity into a series of periodic income payments).
The Western National series of annuities is issued and underwritten in New York by The United States Life Insurance Company in the City of New York and in all other states by Western National Life Insurance Company.