Focused Growth Annuity

Overview

Refer to your distributor Product Spreadsheet for state availability.

A Rewarding Blend of Safety, Growth and Flexibility

The Focused Growth Annuity is a single-premium, deferred annuity offering a robust set of client-friendly features plus a market-value adjustment feature, which optimizes the growth potential of your client's savings.

Rate Guarantees - 3, 5 or 7 Years

Your client may choose a 3, 5 or 7-year interest rate guarantee period and receive the rate in effect at the time they buy the annuity for the entire length of the guarantee period. Interest is calculated and credited daily.

Target Clients

The Focused Growth Annuity is a good fit for a long-term saver who likes the benefits of tax-deferred growth and protection as part of their retirement strategy.

This annuity is also an excellent way to enhance your client’s retirement-savings plan and can be used to fund Traditional IRAs, Roth IRAs, Pensions Plans or Simplified Employee Pensions.


* Subject to restrictions in Florida to comply with state regulations.


Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.

Features

Refer to your distributor Product Spreadsheet for state availability.

  • Focused Growth Annuity 3
    • 3-Year Rate Guarantee Period, 3-Year Market Value Adjustment Period
    • 3-Year Surrender-Charge Period (9.4%, 8.5%, 7.5%)
  • Focused Growth Annuity 5
    • 5-Year Rate Guarantee Period, 5-Year Market Value Adjustment Period
    • 5-Year Surrender-Charge Period (9.4%, 8.5%, 7.5%, 6.5%, 5.5%)
  • Focused Growth Annuity 7
    • 7-Year Rate Guarantee Period, 7-Year Market Value Adjustment Period
    • 7-Year Surrender-Charge Period (9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%)
  • $15,000 to $1,000,000 initial premium (greater amounts may be possible if pre-approved before you submit an application)
  • Additional premium accepted in first 90 days
  • Issue age
    • FGA 3 and 5 issues to age 931
    • FGA 7 issues to age 90
  • Joint Owner and Joint Annuitant options
  • Surrender-Charge-Free (and MVA-Free) Withdrawal Options
    • Regularly scheduled payments of interest earnings
    • Required minimum distribution
    • Terminal conditions2
    • Nursing home residency2
    • Death benefits
    • Annuitization

1 The purchase of the annuity for those age 91-93 must be for transfer-of-wealth or estate-planning purposes.

2 Applies after the first contract year.


Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.

Sales Resources

FGA Marketing Materials

At a Glance Product Guide

Product Highlights Flyer

Brochure for 3, 5 & 7

Broker Sales Guide
 

Numerical Examples

Enter your own numbers to see how the annuity may grow over the years.

  • Enter rates as a decimal — for example 0.0325 for 3.25% crediting rate.
  • You may print the calculated example or save to your desktop.

The calculations should work using Adobe Acrobat Reader, but may not calculate on other PDF readers. The Standard is not responsible for the accuracy or completeness of the information you input.

Focused Growth Annuity 3

Focused Growth Annuity 5

Focused Growth Annuity 7


Sample Policies

FGA 3 Specimen Contract – Generic

FGA 5 Specimen Contract – Generic

FGA 7 Specimen Contract – Generic


*Not for use in California.


Rates may change without notice. Products of Standard Insurance Company. Product features and availability varies by state.

Effective date: 
8/1/2020

FGA 3

$15,000
$100,000
Crediting Rate
1.55
1.65

3-year guarantee : 3-year surrender and MVA period

FGA 5

$15,000
$100,000
Crediting Rate
2.05
2.15

5-year guarantee : 5-year surrender and MVA period

FGA 7

$15,000
$100,000
Crediting Rate
2.05
2.15

7-year guarantee : 7-year surrender and MVA period