See if our Flexible Premium Preferred Annuity or our Multi-Year Guaranteed Annuity is right for you with secure growth, competitive rates, and tax-deferred interest for your retirement savings.
Our Fixed Annuity Plans
-
Flexible Premium Deferred FPDA
Non-Qualified
Traditional IRA
Roth IRAAges
18-89
Minimum Initial Deposit
$2,500
Maximum Deposit
First year $300,000. Subsequent years $50,000.
Additional Information
Annuity interest rate is 5% with a 2.90% minimum guarantee. Ideal for 1035 exchanges and rollovers.
FORM HSL-FPDA-2024 -
Multi-Year Guaranteed Annuity
Non-Qualified
Traditional IRA
Roth IRAAges
18-95
Minimum Deposit
$5,000
Maximum Deposit
$1,000,000
Duration
5-year option and 3-year options
Additional Information
Guaranteed Interest Rate during entire term.
Principle Guaranteed.
5-Year Option
4.9% on deposits under $100,000
5% on deposits $100,000 and above
3-Year Option
4.7% on deposits under $100,000
4.8% on deposits $100,00 and above
Ideal for 1035 exchanges and rollovers.
Rates subject to change. Please call to confirm current interest rates.
FORM 3YR MYGA-HSL MYGA-2025-3YR FORM 5YR MYGA-HSL MYGA-2025-5YR
Is a MYGA Annuity
Right for Me?
Yes, if you are looking for stability, predictable growth, and protection from market risk. Guaranteed interest rate for entire contract term with tax deferred growth.
What Is A Fixed Annuity?
An annuity is a secure way to grow your retirement savings while earning a competitive rate of return. By deferring taxes on interest earnings, your money can accumulate more efficiently over time. With flexible payout options, you can tailor distributions to fit your retirement needs.
Our Flexible Premium Deferred Annuity is available for individuals aged 18-89, starting with a minimum deposit of $2,500, and offers a current interest rate of 5% with a guaranteed minimum rate of 2.90%. This approach maximizes your investment and provides favorable returns for a more secure retirement.
What is a Multi-Year Guaranteed Annuity?
Our Multi-Year Guaranteed Annuity (MYGA) is available for individuals aged 18-95 with a minimum deposit of $5,000 and a maximum deposit of $1,000,000. The MYGA offers 3 and 5-year options. 5-year option offers a current interest rate of 4.9% under $100,00 premium, 5% on $100,000 and above. The 3-year option offers a current interest rate of 4.7% under $100,000 premium, and 4.8% on $100,000 and above. The MYGA is ideal for 1035 exchanges and rollovers.
What to Consider When Buying a Fixed Annuity
-
A Fixed Annuity is a safe way to accumulate retirement assets but still earn a good rate of return.
-
Interest dollars that would otherwise be taxed yearly are left in your account to earn additional interest.
-
Flexible payout options are available to meet your retirement needs at the time of distribution.
-
Upon death, the value of your annuity passes directly to your beneficiary and bypasses probate.
-
Withdrawal options are available within certain guidelines. Contact a life insurance agent for more information.
-
Competitive annuity rates ensure your investment grows efficiently, maximizing retirement savings and offering favorable returns.
We're Here to Help
Plan Ahead and Give Back
For more than a century, Hermann Sons Life has invested its earnings in community service initiatives both large and small. When you invest in a Hermann Sons Life Fixed Annuity, you become a member of an organization dedicated to strengthening the communities in which we live.
Our members have access to exclusive benefits like a summer youth camp, a dance program for children and teens, a discount program and community service initiatives.
More of Our Products
-
View Product
Whole Life
Lasts a Lifetime
View Product -
View Product
Term Life
Affordable to Everyone
View Product -
View Product
Medicare Plans
Retirement around the corner?
View Product
Find a Sales Agent
