Oceanview Harbourview 3 Year Fixed Annuity

Oceanview Harbourview 3 Multi-Year Guaranteed Annuity offers you the ability to grow your assets with a fixed interest rate and accumulate tax-deferred growth while preparing for a retirement income stream.

Advantages of a Multi-Year Guaranteed Annuity (MYGA)

• Principal Protection
• Guaranteed Interest Rates
• Tax-Deferred Earnings
• Lifetime Income Options

Features

• Issue Age: 0 through 89 (as of age last birthday)
• Premium Requirements: $20,000, non-qualified and qualified assets
• Withdrawals: 10% of the account value per annum, starting in year two. 10% is not cumulative. Minimum withdrawal amount= $250.
• Death Benefit: Account value (No MVA or surrender charges) or spousal continuation
• 20 Day Free Look Period to Cancel Your Contract: You may cancel the contract by sending it back to the issuing company. Upon cancellation, the company will return the purchase payment to you. Some states allow for 30 days free look.
• Surrender Charges: A surrender charge applies to all withdrawals over 10% during a contract term and reduces your contract value.

3-Year Surrender Charge Period

• Year 1: 9%
• Year 2: 8%
• Year 3: 7%

Fixed Annuity Rate	3.35%
Contract Length	3 Years
Cancellation Policy	20-Day Free Look Period
Annual Penalty-Free Withdrawals	10%
Annual Fees	No Fees
Minimum Premium	$10,000.00
Maximum Issue Age	Age 89
Death Benefit	Lump Sum, Spousal Continuation
Premium Type	Single Premium
Annuitization Required	No
State Availability	Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin
Insurance Company	Oceanview Life and Annuity Company
Company Rating (A.M. Best)	A- (Excellent)
Surrender Charge Waivers	None
Maximum Premium	$1,000,000.00
Enhanced Benefits	None
Premium Bonus (Up to)	None
Accepted Funds	401a, 401k, Cash, IRA, Non-Qualified Money, Qualified Retirement Plans, Roth IRA, TSA 403b

• Withdrawals: 10% of the account value per year, starting in year two. 10% is not cumulative. Minimum withdrawal amount= $250.

Oceanview Harbourview Fixed Annuity Brochure

Taxes:

Non-Qualified Annuity

Non-qualified funds are cash, checking, savings, life insurance cash value, etc. Only the interest you have

earned will be taxed as ordinary income.

Qualified Annuity

Qualified funds are 401k, IRA, SEP, 403b, TSA, etc. Both principal and interest will be taxed as ordinary

income as you withdraw money.

Roth IRA Annuity

Withdrawals from Roth IRA annuities are tax-free if the IRS requirements are met.

Early-Withdrawals

If you withdraw money from your annuity before you turn age 59½, you may receive a 10% IRS penalty in

addition to paying ordinary income taxes.

Pros of this Fixed Annuity

• Pays a guaranteed interest rate much higher than current CD Rates are paying.
• Your interest grows tax-deferred meaning you do not pay taxes on your interest until you withdraw it from your annuity.
• Death benefit is full account value and may avoid probate.
• Liquidity options to provide you the access to your money that you need.