Navy Mutual FPRAs
Rates as high as 4.25%
Navy Mutual’s Flexible Premium Retirement Annuities are typically funded through multiple premium contributions that can be made at any time. Flexible Premium Retirement Annuities are purchased with after-tax dollars.
How It Works
- Make an initial deposit between $100 and $1,000,000
- Allows subsequent deposits of at least $25 (up to a total of $1,000,000)
- Often used to supplement other retirement accounts
More Resources
What is an annuity?
A Flexible Premium Retirement Annuity is designed to grow premium deposits in a tax-advantaged way, with the option to initiate income payments at any future point. Prior to the distribution of payments, interest accumulates daily and compounds annually on a tax-deferred basis.
Set yourself up for financial success. You can receive payments for a fixed period of one to 30 years or receive payments for life!