Discovery, Future Select, and WULA Max Choice fixed annuities, and Single Premium Immediate Annuities are issued by Western United Life Assurance Company (WULA) domiciled in the state of Washington. WULA annuity contracts are administered at its Home Office in Spokane, Washington. Discovery form numbers: ICC14-SPDA, ICC16-WUDSC3; ICC16-WUDSC5; ICC16-WUDSC6; ICC16-WUDSC7; 2014-SPDA, 2016-WUDSC3 (ND, SD), 2016-WUDSC5 (ND, SD), 2016-WUDSC6 (ND, SD), 2016-WUDSC7 (ND, SD). Future Select form numbers: ICC14-SPDA, ICC16-WUFTS5, ICC16-WUFTS7; 2014-SPDA, 2016-WUFTS5 (ND, SD), 2016-WUFTS7 (ND, SD). WULA Max Choice form numbers: ICC16-MYGA-MVA, ICC16-WUMVA3, ICC16-WUMVA5, ICC16-WUMVA6, ICC16-WUMVA7, ICC16-WUMVA10. Immediate Annuity form numbers: WULA SPIA (11.04), WULA SPIA (03.03). Not available in all states and variations may apply.
Preferred Choice and Premium Preferred fixed annuities are issued by The Manhattan Life Insurance Company (MLIC) domiciled in the state of New York. MLIC annuity contracts are administered at its Annuity Operations Office in Spokane, Washington. Preferred Choice form numbers: ICC14-SPDA, ICC16-MLPRF3, ICC16-MLPRF5, ICC16-MLPRF6, ICC16-MLPRF7; 2014-SPDA, 2016-MLPRF3 (CA, DE, FL), 2016-MLPRF5 (CA, DE, FL), 2016-MLPRF6 (CA, DE, FL), 2016-MLPRF7 (CA, DE, FL); 2015-SPDA_NY, 2016-MLPRF3_NY, 2016-MLPRF5_NY, 2016-MLPRF6_NY, 2016-MLPRF6_NY. Premium Preferred form numbers: ICC14-SPDA, ICC16-MLPRM5, ICC16-MLPRM7; 2014-SPDA, 2016-MLPRM5 (CA, DE, FL), 2016-MLPRM7 (CA, DE, FL); 2015-SPDA_NY, 2016-MLPRM5_NY, 2016-MLPRM7_NY. Not available in all states and variations may apply.
Withdrawals made prior to age 59½ are subject to ordinary income taxation and may be subject to tax penalties. Neither ManhattanLife nor any of its subsidiaries or representatives provide tax, legal, or accounting advice. This annuity is NOT: 1) a certificate of deposit (CD); 2) FDIC or NCUA insured; 3) insured by any federal government agency; or 4) guaranteed by a bank, savings association, or credit union. Guarantees are based on the financial strength and claims-paying ability of ManhattanLife.
This material is intended for use with the general public to provide educational information only. It should not be considered, and does not constitute, personalized investment advice. Please contact one of our insurance producers for product details and benefits.
Sources for statistics: 1White paper “Investing in (and for) Our Future”, World Economic Forum, June, 2019 ; 2Retirement Readiness Survey, Aegon Center for Longevity Transamerica Center for Retirement Studies and Instituto de Longevidade Mongeral, May, 2019; 3Global Health Observatory data, World Health Organization; 4Average Percentage Yield (APY) is the real rate of return on a savings deposit; 5Historical CD Interest Rates: 1984-2020, Bankrate.com, January 2020; 6Of the top 10 best-selling MYGAs, all of them offered penalty-free withdrawals less than 15%, Wink Sales & Market Report 3rd Quarter, 2019