| Feature | Details |
|---|---|
| Product Name | Prosperity / SBLI USA Select Choice (NY) 7 (no liquidity) |
| Insurer | Prosperity Life / SBLI USA Life Insurance Company, Inc. |
| Ratings |
|
| Agent/Broker | PlanEasy Inc. |
| Annuity Type | Multi-Year Guaranteed Annuity (MYGA) |
| Term | 7 Years |
| Current Rate for $100,000+ | 5.05% |
| Current Rate for $5,000 - $99,999 | 4.50% |
| Interest Type | Compound Interest |
| State Availability | New York |
| Free Withdrawals | No. If you request a withdrawal or surrender your contract before the end of your current guarantee period, you would be subject to a withdrawal charge and market value adjustment on any amount you withdraw. |
| Free RMDs | Yes |
| Death Benefit | Yes |
| MVA | Yes |
| Nursing Home Waiver | No |
| Terminal Illness Waiver | No |
| Surrender Charge by Year | 7.0%, 6.0%, 5.0%, 4.0%, 3.0%, 2.0%, 1.0% |
| Funding Sources | Personal Investment, Cash, Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA |
| Terms Available | 3, 5, 7 Years |
| Age Restrictions | 0 to 85 Years Old |
| Premium Band | Effective Date | Guaranteed 7-Year Yield to Surrender |
|---|---|---|
| $100,000+ | 8/18/2025 | 5.05% |
| $5,000 - $99,999 | 4.50% |