Manhattan Life Insurance Company
Preferred Choice 7
Rates and specifications only. Our editorial review of this product hasn't been written yet, so there's no star rating or verdict here — the figures below come straight from the carrier's filed rates and brochure.
Type
MYGA
Surrender
7 years
Top yield
4.60%
A.M. Best
B++
This carrier is rated below A− (our floor for recommending a product). We still publish its rates and specs, but it will not appear in our recommendations.
Current Rates
Yield shown is the guaranteed yield to surrender — the honest effective return, not a first-year teaser rate. Each row is a variant of the same product.
| Strategy | Method | Rate | Cap | Par | Yield to surrender |
|---|---|---|---|---|---|
| 7 Year MYGA Account | Fixed | 4.60% | — | — | 4.60% |
| 7 Year MYGA Account | Fixed | 4.60% | — | — | 4.60% |
| 7 Year MYGA Account | Fixed | 4.15% | — | — | 4.15% |
Surrender Schedule
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
Yr 6
3%
Yr 7
2%
Product Specifications
- Minimum premium (non-qualified)
- $10,000
- Minimum premium (qualified)
- $10,000
- Maximum issue age
- 84
- Free withdrawal
- 15%
- Free withdrawal (year 1)
- 15%
- Market value adjustment
- false
- Return of premium
- false
- States available
- 1 states
Carrier Brochure
Rates are a snapshot and change frequently. Figures are sourced from the carrier's filed rates via Annuity Rate Watch and refreshed nightly. Nothing here is a recommendation to buy.