Sentinel Security Personal Choice Annuity
Minimum Deposit: $2,5000 | 4.65% APY
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.
Sentinel Security Personal Choice 5 Annuity Details
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:
- Want a CD alternative due to low CD rates?
- Seek to accumulate money for retirement.
- Have a conservative risk tolerance and want to invest an inheritance or other lump sum.
- Want to secure a fixed annuity payment but not immediate income?
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%.
About Sentinel Security Life Insurance Company
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.
Sentinel Security Life Ratings
More 5 Year Fixed Annuity Rates
Related Fixed Annuity Products
The Aspida Synergy Choice MYGA 3 Year is a 3-year multi-year guarantee annuity issued by Aspida Life Insurance Company.
North American Guarantee Plus 5 Fixed Annuity is a 5-year annuity currently offering a rate of 4.25% with free withdrawals of interest.
Guggenheim Preserve MYGA 3 Fixed Annuity Minimum Deposit: $10,000 | 4.00% APY The Guggenheim Life and Annuity Preserve MYGA 3 is a 3 year fixed annuity
American Classic Fixed Annuity 3 Year Minimum Deposit: $1,000 | 5.00% The American Life American Classic 3 year fixed annuity is designed to be a high-yield
Sagicor Milestone 3 Year Minimum Deposit: $100,000 | 3.90% APY Sagicor Milestone MYGA 3 is a 3-year fixed annuity designed to be a high-yield retirement
The F&G Guarantee Platinum 3 is a 3-year fixed annuity offering a safe and steady way to grow your retirement savings at a 4.50% annuity rate.