KSKJ Life MYGA with RMD Rider — 9-year fixed annuity at 5.35%
- Locks in 5.35% for 9 years
- Open with $10,000 to $1,000,000
- Free withdrawals allowed for:
- Required IRA distributions
- Your full investment for nursing home confinement or terminal illness
Rates as of May 8, 2026
Projected balance
over 9 years
Compounded at 5.35% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $535 | $10,535 |
| 2 | $564 | $11,099 |
| 3 | $594 | $11,692 |
| 4 | $626 | $12,318 |
| 5 | $659 | $12,977 |
| 6 | $694 | $13,671 |
| 7 | $731 | $14,403 |
| 8 | $771 | $15,173 |
| 9 | $812 | $15,985 |
| Total earnings | $5,985 | $15,985 |
Free-withdrawal allowance: None. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #13 of 27 (top is 5.50% — Capitol Life Heritage Elite)
Same product, other terms
Other MYGA with RMD Rider terms from KSKJ Life
Projections shown for a $10,000 premium.
| Term | Rate | Projection | |
|---|---|---|---|
| 2-year | 4.10% | $10,837 | View → |
| 3-year | 4.30% | $11,346 | View → |
| 4-year | 4.35% | $11,857 | View → |
| 5-year | 5.20% | $12,885 | View → |
| 6-year | 5.20% | $13,555 | View → |
| 7-year | 5.30% | $14,355 | View → |
| 8-year | 5.35% | $15,173 | View → |
| 9-year | 5.35% | $15,985 | You're here |
| 10-year | 5.35% | $16,840 | 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 The charge is a percentage of the amount withdrawn, decreasing each year.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% |
| Year 3 | 7.0% |
| Year 4 | 6.0% |
| Year 5 | 5.0% |
| Year 6 | 4.0% |
| Year 7 | 3.0% |
| Year 8 | 2.0% |
| Year 9 | 1.0% |
Contract terms
What else to know
Term
9 years guaranteed at 5.35% APY
Investment range
$10,000 – $1,000,000
Funding sources accepted
Roth Conversion (Partial), Roth Conversion (Full), Traditional IRA, IRA-Roth
Owner age
0 to 90 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
- 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: KSKJ Life contract brochure (download PDF). Anything you act on should be confirmed against the carrier's most recent filing.
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