Western United Navigator Ultra 7 (no liquidity)
Product Overview
Basic Features
| Feature | Details |
|---|---|
| Product Name | Western United Navigator Ultra 7 (no liquidity) |
| Insurer | Western United Life Assurance Company |
| Ratings |
|
| Agent/Broker | PlanEasy Inc. |
| Annuity Type | Multi-Year Guaranteed Annuity (MYGA) |
| Term | 7 Years |
| Current Rate for $0+ | 5.30% |
| Last Rate Change | 02/07/2025, +10bps |
| Interest Type | Compound Interest |
| State Availability | AL, AK, AZ, AR, CO, CT, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY |
| 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 | No |
| Death Benefit | No |
| MVA | Yes |
| Nursing Home Waiver | No |
| Terminal Illness Waiver | No |
| Surrender Charge by Year | 9.0%, 8.0%, 7.0%, 6.0%, 5.0%, 4.0%, 3.0% |
| Funding Sources | Personal Investment, Cash, Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA |
| Terms Available | 3, 5, 7 Years |
| Age Restrictions | 0 to 75 Years Old |
Quick Summary
The Western United Navigator Ultra 7 (no liquidity) is a 7-year Multi-Year Guaranteed Annuity (MYGA) issued by Western United Life Assurance Company and sold through PlanEasy Inc., a national online annuity agency.
Earn a guaranteed compound interest rate on this fixed annuity:
Your compound rate is locked in for 7 years, ensuring predictable, tax-deferred growth.
This fixed annuity is a strong alternative to bank CDs, offering stable returns with tax-deferred benefits.
The product has no free withdrawals in year 1 and no free withdrawals in year 2+.
Withdrawals for RMDs are subject to surrender charges.
This product does not a have a traditional death benefit, so your beneficiaries will receive your annuity’s value reduced by surrender charge and MVA.
Earn a guaranteed compound interest rate on this fixed annuity:
- 5.30% for $0+
Your compound rate is locked in for 7 years, ensuring predictable, tax-deferred growth.
This fixed annuity is a strong alternative to bank CDs, offering stable returns with tax-deferred benefits.
The product has no free withdrawals in year 1 and no free withdrawals in year 2+.
Withdrawals for RMDs are subject to surrender charges.
This product does not a have a traditional death benefit, so your beneficiaries will receive your annuity’s value reduced by surrender charge and MVA.
Key Details
- Ratings: Western United Life Assurance Company is rated B++ by A.M. Best.
- Guaranteed Rates: 5.30% for premiums of $0+. This fixed guaranteed rate ensures predictable tax-deferred growth, making it an excellent alternative to bank CDs.
- Term: The interest rate is guaranteed for 7 years with a surrender charge schedule of the same duration.
- Free Withdrawals: No, there are no free withdrawals on this product.
- RMDs: No, RMDs are not free, unless part of any available free withdrawals.
- Age Eligibility: Available for owners between 0 to 75 years old.
- Minimum Premium: Investors can contribute a minimum of $0
- Death Benefit: No. A death benefit is not part of this product.
- Market Value Adjustment (MVA): Yes, the MVA is applicable to any withdrawals that also incur surrender charges.
- Nursing Home Waiver: No, there is no nursing home waiver.
- Terminal Illness Waiver: No, there is no terminal illness waiver.
Current & Historical 7-Year Rates
| Premium Band | Effective Date | Guaranteed 7-Year Yield to Surrender |
|---|---|---|
| $0+ | 02/07/2025 | 5.30% |
| 01/07/2025 | 5.20% | |
| 11/19/2024 | 5.10% | |
| 10/16/2024 | 5.00% |
Available Terms & Current Rates
| Premium Band | Term | Guaranteed Yield to Surrender |
|---|---|---|
| $0+ | 3 | 4.95% |
| 5 | 5.25% | |
| 7 | 5.30% |