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Banking on the market to grow your funds for the future can be risky. But what if you could lock in your gains and never lose money?1
Indexed annuities are often considered the ‘best of both worlds’ because they allow you to take advantage of potential gains in the market while protecting you from loss with a guaranteed² minimum interest rate.
Our indexed annuities allow you to:
We offer two indexed annuities:
AccumuLock allows flexible premiums4 following your initial $5,000 minimum premium payment. You can give yourself a paycheck for life when you activate the Simple Multiplier Rider¹.
The My6 Indexed Annuity is a single premium annuity featuring a minimum $5,000 premium deposit. It includes a short 6-year surrender charge period with a bailout withdrawal privilege.
Indexed annuities can be a great addition to your retirement income strategy. Connect with a Farm Bureau agent to see how he or she can help you reach your financial goals.
¹ Surrender of the contract may be subject to surrender charges. Withdrawals before age 59 ½ may result in a 10% IRS penalty tax for qualified money.
² The guarantees expressed on this web page are based on the claims-paying ability of Farm Bureau Life Insurance Company. Not FDIC insured, not bank guaranteed, may lose value, not a deposit, not insured by any federal or state government agency.
3There is a charge for the Simple Multiplier Rider once it is activated. Certain requirements apply to activate the rider.
4 If AccumuLock Indexed Annuity is funded by a qualified plan, please note qualified plans already offer tax-deferred accumulation.
⁵ Following your initial $5,000 minimum premium payment, you can make premium deposits any time.
Neither the Company nor its agents give tax, accounting or legal advice. Consult your professional advisers in these areas.
To be used with 434-810 series and 434-310 series. In Idaho, to be used with 434-810ID(8-17) and 434-310ID(4-20). W050 (01-21)