The Sentinel Security Personal Choice Annuity 5 is a 5 Year Fixed Annuity designed to be a high-yield retirement savings account.
A fixed annuity or “CD Type Annuity” may be suitable for conservative investors who are looking for a safe and steady way to grow their retirement savings.
It’s never too early to start planning for retirement. Selecting a strategy that works best involves assessing your goals, time horizon, and risk tolerance.
The Sentinel Security Personal Choice Annuity 5 is a single premium, multi-year guarantee annuity. An annuity is a long-term contract issued by an insurance company. In exchange for a premium payment, the insurance company agrees to make payments to you in the future.
This annuity provides an accumulation value that earns interest through a fixed account with a guaranteed interest rate that is set for a 3-, 5- or 7-year period. This annuity also provides several options for accessing funds.
The Sentinel Security Personal Choice Annuity 5 may be appropriate for individuals who:
1. Withdrawal any amount free of charges and fees.
2. If you do nothing, the contract renews for the same term at the rates available at that time. Renewal rates for guarantee periods will be based on current economic conditions and are guaranteed to be no less than the guaranteed minimum interest rate of 1.00%.
| Base rate | 4.65% |
| Rate guaranteed | 5 years |
| Guaranteed yield to surrender | 4.65% |
| Guaranteed minimum renewal rate | 1.00% |
| Market value adjustment | Yes |
| Return of Premimium | No |
| PREMIUM PAYMENTS | |
| Type | Single |
| Maximum | $1,000,000 |
| Minimum | $2,500 |
| Free Look Period | 30 Days |
| AGE RESTRICTIONS | |
| Owner | 60 – 90 |
| Annuitant | 60 – 90 |
WITHDRAWALS
Sentinel Security Personal Choice 5 Annuity Details was designed for those who are retired or nearing retirement. Planning for retirement is not always easy and sometimes the control is not yours.
Personal Choice 5offers you a flexible and guaranteed way to have the security and peace of mind you need to enjoy retirement.
OPTIONAL RIDERS
Available in: AZ, AR, GA, ID, KY, MS, MT, NE, NM, NC, ND, OK, SD, WY
In general, annuities grow tax-deferred, meaning you don’t pay taxes until you withdraw your money from the annuity.
When you withdraw from your annuity the interest earned will be taxed at your ordinary-income tax rate.
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 the Sentinel Security Personal Choice 5 Annuity
Visit our online annuity marketplace to view and compare more Fixed Annuity Rates. If you’d like an opportunity for more upside potential while maintaining principle protection you may want to consider a fixed index annuity.
Fill out the form below to receive a free annuity quote or use one of our annuity calculators.
Sentinel Security Life was founded in 1948 and is based in Salt Lake City, Utah. Sentinel was founded by a group of passionate Utah funeral directors who saw many families in need of an insurance product designed to help pay funeral costs.
The company was initially established to provide families with a way of funding funeral expenses and burial costs. Today, Sentinel offers a strong senior market portfolio including health and life insurance products, fixed annuities, and fixed index annuities.
| Term | Insurer | Annuity Company | Annuity | Rate | AM Best | Apply |
|---|---|---|---|---|---|---|
| 5 Years | 
| Knighthead Life | Staysail Annuity | 6.45% Simple | A- | Apply |
| 5 Years | 
| Mountain Life | Alpine Horizon | 6.15% | B+ | Apply |
| 5 Years | 
| DirectGrowth MYGA | DirectGrowth MYGA | 5.85% | B++ | Apply |
| 5 Years |
| DirectGrowth MYGA | DirectGrowth MYGA | 5.75% | B++ | Apply |
| 5 Years | 
| Nassau | MyAnnuity | 5.75% | None | Apply |
| 5 Years | 
| Farmers Life | Safeguard Plus | 5.60% | B++ | Apply |
| 5 Years |
| Nassau | MYAnnuity | 5.55% | B++ | Apply |
Brochure Website DirectGrowth Multi-Year Guarantee Annuity™ Marketing Name: Revol One Financial Revol One Insurance Company is responsible for its own financial and contractual
Brochure Website DirectGrowth Multi-Year Guarantee Annuity™ Marketing Name: Revol One Financial Revol One Insurance Company is responsible for its own financial and contractual
The Upstream Life Secure Legacy Annuity pays a set interest rate for 3 years, with optional riders available for additional liquidity.
The Nationwide Secure Growth 5 Annuity is an individual, single-purchase payment, deferred fixed annuity designed for long-term savings.
Ibexis MYGA Plus is an innovative annuity product that combines a daily guaranteed interest crediting method with an Indexed Linked Option.
North American Guarantee Plus Annuity can help protect your retirement savings, while also offering the potential for higher interest rates.
