Liberty Bankers Heritage Premier — 5-year fixed annuity at 5.10%
- Locks in 5.10% for 5 years
- Open with $10,000 to $1,000,000
- Free withdrawals allowed for:
- All interest earned
- Required IRA distributions
- Your full investment for nursing home confinement or terminal illness
Rates as of May 8, 2026
Projected balance
over 5 years
Compounded at 5.10% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $510 | $10,510 |
| 2 | $536 | $11,046 |
| 3 | $563 | $11,609 |
| 4 | $592 | $12,201 |
| 5 | $622 | $12,824 |
| Total earnings | $2,824 | $12,824 |
Free-withdrawal allowance: Interest only / yr. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #120 of 177 (top is 6.38% — Upstream Life Secure Legacy)
- Top 5-year CD
- 4.35% APY · $12,373 at maturity (taxed annually)
If you withdraw early
Surrender charge schedule
Surrender charges apply to withdrawals beyond the free-withdrawal allowance during the contract term. The charge is a percentage of the amount withdrawn, decreasing each year. They exist because the carrier matches your premium against long-duration assets — early redemption forces them to unwind those positions.
| Contract year | Charge |
|---|---|
| Year 1 | 8.1% |
| Year 2 | 7.1% |
| Year 3 | 6.1% |
| Year 4 | 5.1% |
| Year 5 | 4.6% |
Contract terms
What else to know
Term
5 years guaranteed at 5.10% APY
Investment range
$10,000 – $1,000,000
Funding sources accepted
Roth Conversion (Full), Traditional IRA, Non-Qualified, Inherited IRA, NQ Stretch, IRA-Roth, SEP IRA
Owner age
18 to 90 years old
Death benefit
Full accumulated value passes to your beneficiary, no surrender charge.
Riders & waivers
- Terminal Illness Waiver
- Nursing Home Waiver
- Disability Waiver
- Death Benefit Waiver
- RMD-Friendly (RMD withdrawals exempt from surrender charge)
Maturity
30-day window at the end of the term to withdraw, reinvest, or convert to guaranteed income via annuitization.
Tax treatment
Interest accumulates tax-deferred. Personal post-tax funds: only the interest is taxable on withdrawal. Withdrawals before age 59½ may be subject to a 10% IRS penalty.
Source: Liberty Bankers contract brochure (download PDF). Anything you act on should be confirmed against the carrier's most recent filing.
Before you decide
Let us mail you our Verification Checklist.
It shows you how to check this carrier for yourself — what your state guarantees if it ever fails, what you can take out early and what that costs, at the amount you’re considering.
Free. Arrives in about a week.