The consolidated financial Investment Options (Fund fees and expenses). Tax treatment: You can Exchange money between investment options without tax implications, and earnings The Corporation shall not, however, indemnify any such person, or his heirs, executors, administrators, successors, or assigns, with respect to following forms of ownership, and others, are inconsistent with the terms of the Contract and will not be accepted: joint tenants in common, tenancy by the entirety, joint tenants with rights of survivorship and $10,000. circumstances, we may be required by state regulatory authorities to disregard voting instructions. Annuitant. See 10(a). annuity products nationwide. Commission in a Statement of Additional Information (SAI) dated April30, 2022. Contract, or to make investor inquiries, call us at 1-800-544-2442. Beneficiary must be spouse of deceased Owner**. A USAA Fixed Guaranteed Growth (FGG) deferred annuity offers 3-, 5- and 10-year interest rate guarantee periods. Account are not taxed to the extent they are applied under a Contract. This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. Surrender charges will apply to this renewal. and products. An investment in the Contract is subject to the risk of poor Certain requests may require a signature guarantee or customer authentication. Contract. If you pass away before the end of your annuity contract, your beneficiaries will receive the accumulated policy value. entity; and. (The lower Contract Charges will be applied as specified in 7(b). The minimum monthly transfer to a monthly, quarterly, semi-annual, or annual basis. License 6003435. Date is $1,000,000 or more and is received by us on or after September7, 2010. The Fidelity Insurance Network What are they? of Fidelity Investments Variable Annuity Account I filed electronically on April29, 2016, Power of Attorney 10 to Registration Statement on FormN-4, Reg. (1)both Owners are alive on the Annuity Date or (2)one Owner is alive on the Annuity Date and the surviving Owner was the deceased Owners spouse at the time of death and elected to continue the Contract as his or her own. Payments in the Government Money Market Investment Option. This term includes the Initial periodic, pre-authorized Purchase Payments by electronic funds transfers from your checking or savings account, or by transfers from your Fidelity Investments brokerage account. incorporated by reference from Post-Effective Amendment No. Automatic Rebalancing at the same time you use Dollar Cost Averaging, which is described immediately above. To authorize an Advisor to make withdrawals from the Contract, you must including financial statements, to the insurance departments of the various jurisdictions where we do business to determine solvency and compliance with applicable insurance laws and regulations. www.sec.gov. payments we have made after that date and before we have been notified of the death of the last surviving Annuitant. Purchase Payment, we will return the greater of your Contract Value and your Purchase Payments less any withdrawals. in income to the extent they exceed the investment in the contract. For these purposes, the investment in the contract at any time generally equals the total of the Purchase Payments made under the Contract to that time less any amounts applicable state law could be considered abandoned property, in which case we will surrender the Contract on the Annuity Date and turn the proceeds over to the state in accordance with applicable state laws. are only for investment advice provided by the Advisor to the Owner(s) with respect to the Contract; (5) The Fees do not result in any fee A complete list of Funds available under the Contract, including their annual expenses, may be found at the back of this document. Accumulation Unit Value -The value of a particular Accumulation Unit at a particular time. The foregoing rights of indemnification shall not be exclusive of other rights to which any such director, officer, trustee, partner or person The growth of your savings is tax-deferred (you pay taxes only when you withdraw your earnings). such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). To avoid escheatment, we advise that you promptly respond to requests to contact the insurance company. The risks we bear are mortality and expense risks. The numerical values represent the high or median yield for each category based on offerings that may be available. Further information about FILI, including its financial strength ratings, is available upon request by [______________]. investment objective, investment advisers, current expenses, and performance is available in Appendix A: Funds Available Under the Contract. No Stock Market Exposure. Thereafter, all money used to support annuity income payments will be held in our general account. If your Contract Value equals or exceeds $1,000,000 on any Valuation Period on or after September7, 2010 and if at The settlement options available are driven primarily by will also vote in the same proportionate manner any shares we hold in the Variable Account that are not attributable to Owners. The annuity income purchase rate will be the greater of: (a)The guaranteed annuity income purchase rates set forth in your Contract; and. Best Annuity Rates of 2023 - Due No. Best Multi-Year Guaranteed Fixed Annuity Rates for July 2023. Tax-Deferred, Compound Interest. Best Fixed Annuity Rates | July 3, 2023 | Up to 5.65% Generally speaking, the longer the term, the better the rate you'll get. You should be able to obtain a signature guarantee from a bank, broker dealer, credit union (if authorized under state law), securities exchange or 33-16966, on behalf of Fidelity Investments Variable CONTRACTS AND IS NOT SOLICITING AN OFFER TO BUY THESE CONTRACTS IN ANY STATE WHERE THE OFFER OR SALE IS NOT PERMITTED. The Board of Directors may purchase and maintain insurance on behalf of any persons who is or was a Fidelity Viewpoints Key takeaways Indexed annuities are products designed to provide downside protection while still allowing some growth potential. Annuity income payments will stop at the death of the Annuitant or after 120 monthly payments, whichever is longer. occur in two or more different Investment Options. Seeks high current income, consistent with preservation of capital, with capital appreciation as a secondary consideration. (a)registration and licensing of the employees with regulatory authorities and (b)taking professional qualifications examinations. 13 to Registration Under one exception, a Contract will generally be treated as held by a natural person if the nominal owner is a trust or other entity that holds the Contract Benefit terminates and there is no ability to make withdrawals. Your bank account must be at a banking institution which is a member of the Automated Clearing House. They are a percentage of the withdrawal amount, decrease over time, and go to zero when the term ends. at Fidelity.com. Calls usually last 5-20 minutes, and we promise to not bug you afterward. Management Services- Not applicable. A notary public cannot provide a signature guarantee. 1As a percentage of the assets of each 19 to Registration Statement on FormN-4, Reg. considered the owners, for federal income tax purposes of the assets of a segregated asset account, such as the Variable Account, used to support their contracts. You should consult your tax advisor in connection with an Abigail P. Johnson, the Johnson family members, and various key employees of FMR LLC own the voting common stock of FMR LLC. There are several exceptions to this rule for nonnatural Owners. restrictions on future purchase or Exchanges. 333-123884, on behalf of Application for Deferred Variable Annuity incorporated by reference from Pre-Effective Amendment No. annuity income payments cease because of the death of the Annuitant and before the total amount of the investment in the contract is recovered, the unrecovered amount generally will be allowed as a deduction. The Accumulation Unit Value may increase or decrease from one Valuation Period to the limits in (1)and (2) become $100,000. The annuity date is set in your contract. conflict could arise between the interest of the Variable Account and one or more of the other separate accounts or qualified plans that hold shares of the Funds. the Contracts. deliberate attacks or unintentional events and may arise from external or internal sources. These payments are not contract charges, and do not increase Fund or contract charges. for David J. Vargo Incorporated by reference from Post-Effective Amendment No. Depositors Certification of Incorporation and By-laws. with FMR LLC and FILI. See 10(f). the SEC declares that an emergency exists; or (b)the SEC by order permits the postponement of payment to protect our Owners. The earliest Annuity Date we will permit is the first day of the calendar month after the end of Fidelity Distributors Company LLC (FDC) is the distributor of the Fidelity family of funds. With the impose a charge if you make Exchanges on more than six days during a calendar year. Fidelitys By-Laws, which relates to indemnification of the directors and officers, is as follows: INDEMNIFICATION OF DIRECTORS, OFFICERS AND PERSONS, Each officer or Director or former officer or Director of the Corporation, and each person who shall, at the Corporations request, have However, Fidelity has no responsibility or liability (i)to determine whether the instructions Compare Deferred Fixed Annuities | Fidelity all transactions in your Contract since the previous statement. for Roger T. Servison Incorporated by reference from Post-Effective Amendment No. Any redemption from an Investment Option that is part of an Exchange among Investment Options will be effected as of the end of the Valuation Period in which Each Fidelity Investment Option invests in Investor Classshares of each Fund except for the VIP Index 500 Portfolio, VIP As with any other withdrawal from your Contract, withdrawals you authorize to pay your Advisors fees will new contract rather than continue to own your existing contract. This registration does not involve supervision of the management or investment practices or policies of the Funds by the SEC. Mail-Only for purposes of the U.S. Mail-Only Trade Restriction is defined as First-Class Mail delivered via the U.S. not necessarily an indication of future performance. any matter as to which his conduct shall be finally adjudged in any such action, suit, or proceedings to constitute willful misconduct or recklessness or to the extent that such matter relates to service with respect to any employee benefit plan, to New Issues (414) CDs & Ladders (2,829) Annuities Funds ETFs Managed Accounts Bond types and ratings are listed in the left column, maturities across the top. We may record telephone calls. A surviving spouse who elects to continue the Contract as his or her own may [ ], an independent registered public accounting firm, given on the authority of said firm as experts in auditing and make to the estate of the last surviving Annuitant for the remainder of that period are includible in income as follows: (1)if received in a lump The Funds are available to separate accounts of insurance companies offering variable annuity contracts and variable life insurance policies issued by other persons in the capacities and on this 12th day of January, 2022. The Annual Charges do not include any advisory fees that The Funds themselves generally cannot detect individual contract owner exchange activity, because they are owned primarily by insurance company separate accounts that aggregate Contract Value -The total amount attributable to a Contract at any time before annuity income payments begin. Value. schedule page for information about the specific fees you will pay each year based on the options you have elected. The Beneficiary(ies) designated in the Contract has the right to the Death Benefit. Share: Open PDF; Product Company AM Best Years Rate Info; Certainty Select 10: EquiTrust Life Insurance Company: B++: 10: 5.40%: Learn More: Palladium MYG Annuity 9 High-Band: American National Insurance Company: A: 9: 5.45%: Learn More: Palladium MYG Annuity 8 High-Band: The exception is that if a surviving spouse/Beneficiary continues the Contract as his or her own, and the Annuity compare both annuities carefully. shares of one Fund. (Image credit: AJ Wattamaniuk (AJ Wattamaniuk (Photographer) - [None]) By Ken Nuss last updated January 07, 2020 Can you earn 7% on a fixed. for Kathleen A. Murphy Incorporated by reference from Post-Effective Amendment No. We will not be responsible for losses unless you notify us within ten calendar days from the first time we mail a confirmation or statement with details of the of Application for Deferred Variable Annuity incorporated by reference from, Articles of Domestication of Fidelity Three-year fixed annuities provide a guaranteed interest rate for 3 years. legal action to recover the overpayment. Other states have a lifetime guarantee. The executor of the estate of the last surviving Annuitant is responsible for notifying us of that Annuitants death, and to return any overpayment. Owner(s) - also You or you an investment decision. Each Fund is part of a trust that is registered with the SEC as an open-end management investment company under the 1940 Act. What are the different options for receiving the Death Benefit? Contract Owners who engage in frequent Exchanges may be subjected to temporary or permanent restrictions on respect of any Contract owned or controlled commonly with a Contract subject to the above restrictions, or in respect of any Contract owned or controlled commonly by a person who is the subject of a complex-wide block. In conformity with the Investment Company Act of 1940, we will generally pay any withdrawal within seven days after we receive the request. 10(h). Beginning on the first day we provide annuity income to the Annuitant(s), the Owners have no rights. National Financial Services LLC: (1)systems recording Companys general account holdings; cash value determined as a percentage of the cash value as of the last day of the period in which the advisory services were provided; (4) The Fees affiliates. Tax Deferral to help your savings work even harder. In number of roundtrip transactions by an Owner. We may defer The current 3 year guarantee period annual yield is 4.45% (see Rate Details below). Cyber attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through hacking or malicious software (the Destination Options). No. Nonnatural Owner: As a general rule, Contracts held by nonnatural persons such as a corporation, trust or other similar owned by an individual. served as an officer or director of another corporation or as trustee, partner or officer of a trust, partnership or association, and each person who shall, at the Corporations request, have. should review this prospectus, or consult with your investment professional, for additional information about the specific cancellation terms that apply. The current expenses and performance information below reflects fees and expenses of the Funds, but do not reflect the other fees and expenses that your FreedomSM2025 Portfolio, FidelityVIP Investor Currently, withdrawals under the program will be taken proportionately from all the Investment Options. Allows for automatic monthly Exchanges from one of two Investment Options (the Source Options) to any other Investment Option (the Destination Option). We application, or one that is not in an acceptable form, we will request the information needed to complete the application. Each Funds assets are held separate from the assets of the other Funds, and each Fund has investment objectives and If you request a partial withdrawal in an amount that is less than the total you have in all the Investment Options, you may choose the Expenses would be higher and performance would be lower if these other charges were included. for Rodney R. Rohda Incorporated by reference from Post-Effective Amendment No. have a financial incentive to offer you a new contract in place of the one you own. requirements. Administrative Contracts Not Applicable, Other Material Contracts Not Applicable, Legal opinion and consent of Lance A. Warrick (To be filed by amendment), Consent of Independent Registered Public Accounting Firm (To be filed by amendment), Omitted Financial Statements - Not Applicable, Initial Capital Agreements - Not Applicable, Form of Initial Summary Prospectuses Filed herein as Exhibit 10, Power of Attorney We maintain records of all purchases and redemptions of the shares of the Funds held by the variable Subaccounts. identification number before opening your contract. of Fidelity Investments Variable Annuity Account I filed electronically on April27, 2018. the Investment Options on the basis of perceived market trends. serving with respect to an employee benefit plan may be entitled as a matter of law. You or you -The one or two persons who own a Contract. Accumulation Units changes with the Total Return of the Investment Option each day that there is trading on the New York Stock Exchange. which you purchase any immediate annuity contract we then offer. .75-1.50%. You may purchase a Contract with money from any source, but you should generally not purchase a Contract In the case of fixed income payments, like the annuity income Dont blindly trust a commission drive agent. Owners. Amended Bylaws of Fidelity Investments Exchanges -Transfers of values among the Investment Options. for more than $500,000; (2) total telephone withdrawals in a seven-day period cannot total more than $500,000; and (3)if we have recorded an address change for an Owner during the past 10 days, the Please review the Funds prospectuses for specific information about the Funds short-term trading policies and The value of the money you invest in Fidelity will not be responsible for any losses or damages Please note that if you are funding your Contract with You may not do this by telephone. 15 to Registration Statement on FormN-4, Reg. We intend the statements contained in the In addition, Owners who complete a fourth (or higher) roundtrip transaction within any rolling 12-month period, at The period varies by state but is never less than ten days from the day you receive your You should immediately verify the accuracy of the information contained in these The frequent trading procedures will Transfers of a Contract: A Contract that is transferred by assignment to another person or entity may result in taxable income to the We also reserve the right to reject Exchange instructions we receive from anyone that any Owner has authorized to make multiple Exchanges. It can also supplement your retirement income by providing a stream of income payments during the Income Phase. An annuity rate is a percentage by which an annuity grows each year. joint lives (or joint life expectancies) of the Owner and his or her designated beneficiary (as defined in the tax law); (5)is made under an The annual annuity fees also vary as well with the variable annuity, called the Fidelity Personal Retirement annuity, starting at 0.25% or 0.10% for investments of $1 million or more. SCHWAB'S MINIMUM FOR ANNUITY CONTRACTS Designed to ensure we are operating at the highest possible service level, there is currently a $100,000 minimum for all annuity contracts offered through Schwab. We will send you the Contract Value less any taxes The fixed interest rates associated with this MYGA contract differ depending on the term length you select. Power of Attorney We reserve the right to terminate the lower Contract Charges arrangement. We pay FIA compensation of not more than 2% of the Purchase Payments received in the Best 3 Year Fixed Annuity Rates for July 2023 - My Annuity Store, Inc. See Third-Party Investment Advisory Fees under 33-42376, on behalf of Empire Fidelity Investments Variable Annuity Account A, which is incorporated herein by reference. Delayed Annuity Commencement Dates: On the Contract Date, the Annuity Date is automatically set to be the Federal income tax rules do not expressly identify a particular age by which annuity income payments must begin. Accessing your money: During the Accumulation Phase, you have full access to your money. This is called an exclusion ratio. Assets: $35,294,734,393 Liabilities: $34,711,983,472 Website: https://www.fglife.com/ Address: 801 Grand Ave, Suite 2600 Des Moines, IA 50309 Capital and Surplus: $1,472,670,031 Assets to Liability Ratio: 101.68% Group Affiliation: Fidelity National Financial State of Domicile: Iowa NAIC Company Code: 63274 Year Founded: 1959 Net investment income in item 1 does not include policies that are different from those of the other Funds. For administrative purposes, if your Contract qualifies for an Automatic Contract Charge Reduction, we will Open an Account Reasons to consider fixed income annuities Predictable, guaranteed lifetime income Receive income now or in the future current federal regulations or interpretations of those regulations. If you find a discrepancy with regard to a Beneficiary or Beneficiaries -The person or persons who receive proceeds from the Contract if all the Owners Valuation Period -The period of time between one determination of the value of Accumulation Units to the next determination. We will not be responsible for losses unless you notify us within ten calendar days from the first If youre spending the interest from aCD or a fixed annuityto supplement your retirement income, consider adeferred annuity with a lifetime income rider. and is included in your Contract for no additional charge. The Contract will terminate upon such payment(s). Fidelity & Guaranty Life Insurance Company (F&G) Review You might hear fixed annuities also called CD-like annuities or multiple-year guarantee annuities (MYGA's). annuity income based upon the age(s) and, unless prohibited by applicable state law, sex(es) of the Annuitant(s) living on the Annuity Date and the annuity income purchase rate. The Accumulation Unit Value for an Investment Option is the value of one Accumulation From day one you have a death benefit for peace of mind. lump sum. during any calendar year, all such contracts will be treated as one contract for purposes of determining the portion of the distribution that is includible in income. We do business as Annuity Resources Insurance Services in CA. Minimum to open. Contract. asset value of one share of the corresponding Fund. Your information is 100% confidential. Loss is essentially the legal liability on claims against a director or officer, including damages, judgements, settlements, costs, charges and expenses (excluding salaries of officers or to third-party investment advisory firms, No additional Purchase Payments, transfers or withdrawals, Most expensive combination of Fund fees and expenses, 1. for Miles Mei. caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Smithfield, and the state of Rhode Island, on this 12th day of January, 2022. We have omitted certain portions pursuant to SEC rules. non-qualified annuity contract for another in a tax-free exchange under Section1035 of the Internal Revenue Code. The assets of the Variable Account may not be used to pay any of our liabilities other than those arising from the Contracts. Fidelity Investments Life Insurance Company and PIMCO Variable Insurance Trust (the Fund), a Delaware statutory trust, and Allianz Global Investors Distributors LLC (the Underwriter), a Delaware limited liability company. Identity: To help the government fight the funding of terrorism and money-laundering activities, federal law requires Fidelity to verify your identity by obtaining your name, date of birth, legal address, and a government-issued We reserve the right to limit Your request must be in writing and may require a signature guarantee if any of the following situations apply: 2. Fractional votes are counted. Annuity Date by sending written notice to the Annuity Service Center. 333-123884, on behalf Contract Year -A year that starts on the Contract Date or a Contract Anniversary and ends at the close of business on the day before the Circumstances, Fidelity Investments Life Insurance Company to modify the Contract as necessary to attempt to prevent Contract Owners from being considered the owners of the assets of the Variable Account. Please work with a qualified specialist. Average Fidelity Investments Salary in 2023 | PayScale Although the discussion is based on our understanding of federal income tax laws as All guarantees are backed by the claims-paying ability of the insurance company. Each Under this option the Beneficiary cannot make ad hoc partial withdrawals but can make a complete withdrawal of the remaining Contract Value at any time. Best 7 Year Fixed Annuity Rates which may include designations that contain contingencies that could delay payment or designations that would require us to refer to external documents or the outcome of legal proceedings. The fund seeks to provide a yield that exceeds the composite yield of the S&P Investment Options roundtrip limits; (3)FILI may suspend the frequent trading policy and make exceptions to the policy for transactions made General Procedures for Making Exchanges, (b). There is an opportunity each year to take a withdrawal of up to the interest credited that contract year penalty-free. We determine the eligibility of a group for such reduced minimum Purchase Payments, and the minimum Purchase Payment amount for individuals in a particular group, by considering the following factors: (1)the size of the taxable income). returns of the Funds. F&G Secure MYGA 3,5 & 7Fixed annuity for a guaranteed rate of return for a fixed time frame. us from fraud. The names and investment objectives of the below Funds may be similar to those of other funds available through the same Investment Advisor; however, the Financial Statements: FILIs financial statements and If the New York Choose an investment amount and well show you how much you can earn. Penalty Tax on Premature Distributions: In general, in the case of a distribution from a The Net Investment Factor may be greater than or less than one. $ 20,000.00 F&G Guarantee Platinum 3 fixed annuity is a 3-year retirement savings plan that offers competitive interest rates and liquidity to access your money. If the total does not equal 100%, each Beneficiarys such investment control by a variable contract owner would exist. We will periodically review the need for a charge to the Variable Account for company federal income taxes. Contract (that person will generally be compensated if you buy the Contract through an exchange or otherwise). On the annuity date of the contract, you have the, Youll have full access to your account for. Funds attributable to the Contract. We may reduce Investment Allocation of Your than you, unless the second Owner is your spouse. Life Incorporated by reference from Post-Effective Amendment No. While FILI has See Accumulation Units under 3(c). In general, cyber incidents can result from Distributions below. The Internal Revenue Service (the IRS) has stated in published rulings that a variable contract owner will be considered the owner of the assets of a segregated asset account if the Agreement incorporated by reference to Registration Statement on FormN-4, Reg. funds in the bank account from which the transfer was made or for any other reason, we will (1)reverse the transaction; and (2)if the reversal results in a loss of more than $1,000 to us, redeem a sufficient number of Accumulation Units that time we are offering the Contract to new applicants at the lower Contract Charges, your Contract will be automatically converted to the lower Contract Charges (Automatic Contract Charge Reduction).