Navy Mutual FPRAs

Rates as high as 4.55%


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


Annuities: Fact vs. Fiction

Is an Annuity Right for You?

Types and Features of Annuities

 

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!