SRA and FCA Discontinued April 1

February 24, 2017

Effective April 1, 2017, the Secured Rate Annuity series (SRA 1, SRA 5 and SRA 6) and Flexible Choice Annuity (FCA) will no longer be offered by The Standard. All SRA or FCA business must be issued with an effective date no later than March 31, 2017, with no exceptions.

By Friday, March 31, 2017:

  • Applications must be received by The Standard including premium and without any additional requirements.
  • All pending requirements must be resolved and all transfer funds (e.g., 1035 exchanges, IRA rollovers) must be received.

We will not be able to issue the discontinued product after March 31, 2017, with no exceptions, and any funds arriving after will be returned.

If you have any questions, please don't hesitate to give us a call at 800-378-4578.

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