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Mountain Life Secure Summit 1

1-Year multi-year guaranteed annuity · A.M. Best B-

Guaranteed Rate
4.05%
Annual · 1-year term
Guaranteed Rate
4.05%
Annual, fixed for term
Locked For
1 years
Surrender period
$100,000 grows to
$104,050
+$4,050 over 1 years

Product Details

Insurance Company Mountain Life
A.M. Best Rating B- Fair · 8th highest of 13
Guaranteed Rate 4.05%
Term Length 1 years
Free Withdrawal · Year 1 0%
Free Withdrawal · Years 2+ 0%
Interest Withdrawals No
Min Premium · Non-Qualified $5,000
Min Premium · Qualified (IRA) $5,000
Maximum Premium $1,000,000
Max Issue Age · Non-Qualified 90
Max Issue Age · Qualified 90
Product Brochure Download PDF →
Carrier Profile View carrier review →

State Availability

Available in:24 states
Not available in:AK, CA, CO, CT, DC, DE, GU, HI, IA, ID, KS, ME, MI, MN, NC, NH, NJ, NY, OR, PA, PR, SC, SD, VA, VI, VT, WA, WI, WV, WY
View all available states
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At 4.05% for 1 years, $100,000 grows to $104,050.00 (+$4,050.00 in interest)

Year-by-Year Projected Balance

Assumes the contract is held to maturity and interest compounds annually at the locked rate. No withdrawals.

YearStarting BalanceInterest CreditedEnding Balance
Year 1 $100,000.00 +$4,050.00 $104,050.00

The Purchase Process

1Compare & SelectChoose your term and rate.
2Online Pre-AppQuick 5-minute digital form.
3Advisor ReviewA quick call to verify details.
4Direct FundingE-sign and transfer funds.

Application Checklist

Have these items ready to complete your application in one sitting.

Personal IdentificationSocial Security Number and a valid Driver's License or ID.
Beneficiary InfoLegal names, dates of birth, and SSNs for your beneficiaries.
Funding DetailsBank account/routing numbers or statements for 1035 exchanges.
Suitability InfoBasic understanding of your liquid assets and net worth.

About Mountain Life

Read our full Mountain Life review for a detailed look at the company's history, product lineup, and financial strength.

Mountain Life carries an A.M. Best rating of B-, an indicator of the company's financial strength and ability to meet its insurance obligations. When you purchase an annuity, your guarantees are backed by the issuing insurance company's claims-paying ability, so carrier strength matters.

What Our Clients Say

4.9
★★★★★
42 verified client reviews
Sourced from BBB · verify on BBB
Read All Reviews →
★★★★★ BBB
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★★★★★ BBB
Carl B.

I appreciated Ms. Caudill's speedy service and her honesty. I rate My Annuity Store 5 out of 5.

★★★★★ BBB
E. Clark

Kiara has helped me so much.....knowledgable, patient, and kind. Always follows up with me and is a true professional.

Read all client reviews →

Ready to lock in 4.05%?

Apply online in about 10 minutes, or talk to a licensed agent first.

Prefer to talk on your schedule? Schedule a call →

New to MYGAs? Read the MYGA guide, our tax overview, or how surrender charges work.
Read our independent Mountain Life carrier review →

Live rate feed Last updated June 21, 2026. Rates refresh every 6 hours via the AnnuityRateWatch API. Subject to change without notice.

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