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Tax Deferred Annuities

Annuities with Multi-year Guaranteed Rates
No Gimmicks - Just the Best Annuities

Download ELCO Multi-Year Guaranteed Rate Card »


1 Yr. 1.50% APY Guaranteed! ↑↑↑

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year after the first year. Withdrawal charges Yr.1 5%.  This plan is a version of our 5-year plan. Plan provides for a 30-day window at 12 months for total free withdrawal of principal and interest. If total withdrawal is not made, the policy will continue as a 5-year plan with the 5-year guaranteed interest rate and withdrawal charges.  Additional premium may be added during the first 90 days after policy issue.  Maximum issue age is 90 (age-nearest-birthday).
Form No. SPD11-05


2 Yr.    1.80% APY Guaranteed!

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year after the first year. Withdrawal charges Yr.1 5%, Yr.2 4%.  This plan is a version of our 5-year plan. Plan provides for a 30-day window at 24 months for total free withdrawal of principal and interest. If total withdrawal is not made, the policy will continue as a 5-year plan with the 5-year guaranteed interest rate and withdrawal charges.  Additional premium may be added during the first 90 days after policy issue.  Maximum issue age is 90.
Form No. SPD11-05   


3 Yr. 2.10% APY Guaranteed!

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year after the first year. Withdrawal charges Yr.1 5%, Yr.2 4%, Yr.3 3%. This plan is a version of our 5-year plan. Plan provides for a 30-day window at 36 months for total free withdrawal of principal and interest. If total withdrawal is not made, the policy will continue as a 5-year plan with the 5-year guaranteed interest rate and withdrawal charges.  Additional premium may be added during the first 90 days after policy issue.  Maximum issue age is 90.
Form No. SPD11-05


4 Yr. 2.65% APY Guaranteed! (New!)

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year after the first year. Withdrawal charges Yr.1: 5%, Yr.2: 4%, Yr.3: 3%, Yr. 4: 2%, Yr.5: 0%.  Additional deposits are accepted only during the first 90 days after policy issue. Maximum issue age is 90.
Form No. SPD11-05


5 Yr. 2.75% APY Guaranteed! 

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year after the first year. Withdrawal charges Yr.1 5%, Yr.2 4%, Yr.3 3%, Yr. 4 2%, Yr.5 1%, Yr.6 0%.  Additional premium may be added during the first 90 days after policy issue. Maximum issue age is 90. 
Form No. SPD11-05


7 Yr. 2.90% APY Guaranteed! 

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year, including the first year. Withdrawal charges Yr.1: 9%, Yr.2: 8%, Yr.3: 7%, Yr.4: 6%, Yr.5: 5%, Yr.6: 4%, Yr.7: 3%, Yr.8: 0%.  Additional premium may be added during the first 90 days after issue. Maximum issue age is 85.
Form No. SPD11-10


 

10 Yr. 3.25% APY Guaranteed!

Free withdrawal of earned interest after 30 days.  15% Free withdrawal once each year, including the first year. Withdrawal charges Yr.1: 9%, Yr.2: 8%, Yr.3: 7%, Yr.4: 6%, Yr.5: 5%, Yr.6: 4%, Yr.7: 3%, Yr.8: 2%, Yr.9: 1%, Yr.10: 0%. Additional premium may be added during the first 90 days after issue. Maximum issue age is 85.
Form No. SPD11-10


ELCO's Multi-Year Guaranteed Deferred Annuities are available in the following states: AL, AR, AZ, CA, CO, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NM, NV, OH, OK, PA, SD, TN, TX, UT, WI, and WV.

No Gimmicks - Just the Best Annuities

  • Hard-to-beat interest rates
  • No Annual Administration Fees
  • No Sales Charges
  • Supported by High-Quality Investments
  • May be Annuitized at Any Time with No Charge
  • If Annuitized, the minimum annuitization period will be the lesser of the owner’s life expectancy or the remaining years in the surrender period

What is an ELCO fixed annuity?

An ELCO fixed annuity is a long-term retirement vehicle that can protect you from outliving your money. It's a guaranteed contract between you and an insurance company--like ELCO. When you place your money into an annuity, you create something that will grow with compound interest and can pay you an income month after month, year after year, for as long as you live if you choose.  Fixed annuities are well suited for retirees and individuals with low tolerance for risk who desire very predictable rates of growth and guaranteed accumulation values. 

Why an ELCO annuity?

With an ELCO annuity, you are in the driver's seat so the options are yours. ELCO's annuities are designed with you in mind. We offer different terms and interest rates to suit your savings style.  Options are available at maturity to meet you and/or your family's needs.  Our annuity becomes your annuity.  An ELCO annuity can help you accumulate funds without exposure to the risks faced with stocks, mutual funds or even most bonds.  All ELCO annuities are available for non-qualified as well as Individual Retirement Accounts (IRA's). Some of our annuities are also available as Roth IRA plans.