KSKJ Life MYGA with 10% Free Withdrawal Rider — 2-year fixed annuity at 4.05%
- Locks in 4.05% for 2 years
- Open with $10,000 to $1,000,000
- Free withdrawals allowed for:
- 10% of your balance each year
- Your full investment for nursing home confinement or terminal illness
Rates as of May 8, 2026
Projected balance
over 2 years
Compounded at 4.05% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $405 | $10,405 |
| 2 | $421 | $10,826 |
| Total earnings | $826 | $10,826 |
Free-withdrawal allowance: 10% / yr after year 1. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #15 of 22 (top is 5.30% — Upstream Life Secure Legacy)
- Top 2-year CD
- 4.20% APY · $10,858 at maturity (taxed annually)
Same product, other terms
Other MYGA with 10% Free Withdrawal Rider terms from KSKJ Life
Projections shown for a $10,000 premium.
| Term | Rate | Projection | |
|---|---|---|---|
| 2-year | 4.05% | $10,826 | You're here |
| 3-year | 4.25% | $11,330 | View → |
| 4-year | 4.30% | $11,834 | View → |
| 5-year | 5.15% | $12,854 | View → |
| 6-year | 5.15% | $13,516 | View → |
| 7-year | 5.25% | $14,307 | View → |
| 8-year | 5.30% | $15,116 | View → |
| 9-year | 5.30% | $15,917 | View → |
| 10-year | 5.30% | $16,760 | View → |
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 The charge is a percentage of the amount withdrawn, decreasing each year.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 | 9.0% |
| Year 2 | 8.0% |
Contract terms
What else to know
Term
2 years guaranteed at 4.05% APY
Investment range
$10,000 – $1,000,000
Funding sources accepted
Roth Conversion (Partial), Roth Conversion (Full), Traditional IRA, Non-Qualified, IRA-Roth
Owner age
0 to 95 years old
Death benefit
Full accumulated value passes to your beneficiary, no surrender charge.
Riders & waivers
- Terminal Illness Waiver
- Nursing Home Waiver
- Death Benefit Waiver
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: KSKJ Life contract brochure (download PDF). Anything you act on should be confirmed against the carrier's most recent filing.
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