Integrinuity Flexible Premium Deferred Annuity
This annuity product is an excellent means to accumulate funds over a long period of time to secure your retirement income. Deposits can be made on a "flexible" basis allowing you to build your account at your pace. Interest earned on a deferred annuity will accumulate on a tax deferred basis. Taxation of these earnings applies only when funds are withdrawn.
You can also make deposits by Integri-Check electronic funds transfer, the most modern and effective way to assure the systematic build up of your annuity value.
Minimum deposit - $300
Maximum deposit - $5,000 in the first year, $1,000 maximum per year thereafter
Competitive interest rates
10% Penalty-free withdrawal per year, after the first anniversary
Withdrawals made during the first five years after the annuity is first opened are subject to a surrender charge, which will be deducted from the amount of the withdrawal. Surrender charge rates are 7% during the first two years, 6% during the third year, 5% during the fourth year and 3% during the fifth year.
Provides eligibility for Scholarship Benefit*
This product is not available in all states in which WSA is licensed. Please contact the WSA Home Office for more information.
Although WSA Fraternal Life makes every effort to provide current information, annuity rates are subject to change at any time. Please call the WSA Home Office to verify current rates.
WSA Fraternal Life reserves the right to refuse new or additional deposits at any time. Please contact the WSA Home Office prior to sending any deposit.