Navy Mutual Annuities
Guaranteed income for your future
Navy Mutual offers a variety of secure, low-cost annuities to help ensure your financial security down the road. These tax-deferred financial tools can be a smart way to diversify and increase your retirement savings.
- Navy Mutual annuities provide flexible payment options, guaranteed minimum interest rates, and highly competitive fixed returns
- Our annuities are funded with after-tax dollars and can be ideal for those who already have well-funded, tax-advantaged retirement account investments
- There are no surrender fees or sales commissions
Navy Mutual offers three different annuities:
Flexible Premium Retirement Annuity
Fluctuating tax-deferred interest with minimum risk.
Single Premium Deferred Annuity
Fixed tax-deferred interest based on a single lump-sum deposit.
Single Premium Immediate Annuity
A stream of guaranteed income for a set period…or for life.
A side-by-side comparison of our annuities:
|Flexible Premium Retirement Annuity||Single Premium Deferred Annuity||Single Premium Immediate Annuity|
|Deposit/Contribution Type||Initial deposit plus option for future contributions||Single lump-sum deposit||Single lump-sum deposit|
|Deposit/Contribution Amounts||$100 – $1,000,000||$10,000 – $5,000,000||$10,000 – $1,000,000|
|Guaranteed Principal Amount*|
|Guaranteed Tax-Deferred Interest|
|Current Interest Rates||1.00% - 3.00%||2.40% - 3.00%||0.15% - 2.45%|
|1% Premium Bonus|
|Free Look Period|
*Fixed period (not life income) only | **After the first year, up to 10% of accumulated value can be withdrawn
You may be able to transfer the value of another commercial non-qualified deferred annuity to Navy Mutual without triggering an immediate taxable event. This type of transfer is called a 1035 Exchange. To ensure your potential transfer qualifies, contact us today or consult your tax advisor.
Current Annuity Rates
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Annuities Basic Training
Get answers to questions you may have about annuities.