| Feature | Details |
|---|---|
| Product Name | Ibexis MYGA Plus 5 (w/ liquidity) |
| Insurer | Ibexis Life & Annuity Insurance Company |
| Ratings |
|
| Agent/Broker | PlanEasy Inc. |
| Annuity Type | Multi-Year Guaranteed Annuity (MYGA) |
| Term | 5 Years |
| Current Rate for $100,000+ | 6.00% Simple (5.39% Compounded Equivalent) |
| Current Rate for $0 - $99,999 | 5.70% Simple (5.14% Compounded Equivalent) |
| Last Rate Change | 6/5/2025, +41bps |
| Interest Type | Simple Interest |
| State Availability | Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Utah, Virginia, West Virginia, Wisconsin, Wyoming |
| Free Withdrawals |
|
| Free RMDs | Yes |
| Death Benefit | Yes |
| MVA | Yes |
| Nursing Home Waiver | Yes |
| Terminal Illness Waiver | Yes |
| Surrender Charge by Year | 9.0%, 8.0%, 7.0%, 6.0%, 5.0% |
| Funding Sources | Personal Investment, Cash, Traditional IRA, Roth IRA, SEP IRA, Pension |
| Terms Available | 3, 5, 7 Years |
| Age Restrictions | 0 to 85 Years Old |
| Premium Band | Effective Date | Guaranteed 5-Year Yield to Surrender |
|---|---|---|
| $100,000+ | 6/5/2025 | 5.39% | 6.00% Simple |
| 4/10/2025 | 5.06% | 5.60% Simple | |
| 3/20/2025 | ||
| 10/3/2024 | 4.86% | 5.35% Simple | |
| $0 - $99,999 | 6/5/2025 | 5.14% | 5.70% Simple |
| 4/10/2025 | 4.65% | 5.10% Simple | |
| 3/20/2025 | ||
| 10/3/2024 | 4.44% | 4.85% Simple |
| Premium Band | Term | Guaranteed Yield to Surrender |
|---|---|---|
| $100,000+ | 3 | 5.22% | 5.50% Simple |
| 5 | 5.39% | 6.00% Simple | |
| 7 | 5.28% | 6.20% Simple | |
| $0 - $99,999 | 3 | 4.95% | 5.20% Simple |
| 5 | 5.14% | 5.70% Simple | |
| 7 | 5.03% | 5.85% Simple |