Woman’s Life Insurance Society

Flexible Premium Deferred Annuity (M99-2200 FLEX)

A Woman’s Life Flexible Premium Deferred Annuity lets you make premium payments when you choose – systematically (such as monthly, quarterly, or annually, perhaps to fund an IRA) or periodically, when the opportunity arises.

Your money earns a competitive rate of return. When you’re ready to retire, benefits can be taken under several options – from a lump sum to income for life, regardless of how long you live.

A Woman’s Life Flexible Premium Deferred Annuity may be right for you if you want to:

  • Help assure your financial independence in retirement by steadily building assets through periodic premium payments;
  • Transfer money earmarked for retirement from other sources and continue to make periodic payments;
  • Establish a new IRA (if you qualify) or non-IRA annuity;
  • Benefit from the safety of a guaranteed minimum return.

Special Features

Initial premium deposit: This plan may be started with an initial premium payment as follows:

  • Ages 0–24: $500 (or $25 monthly on an automatic bank draft)
  • Ages 25–49: $1,000 (or $50 monthly on an automatic bank draft)
  • Ages 50–85: $1,000 (or $100 monthly on an automatic bank draft)

Maximum payment at issue is $500,000. This plan also accommodates rollovers from other qualified retirement plans or when money is moved from other financial instruments such as matured certificates of deposit.

Additional premium payments: We recommend making consistent premium payments to develop the savings habit and for maximum accumulated value. If you plan on making consistent premium payments, you may do so with monthly automatic bank drafts, or we will send you quarterly, semi-annual, or annual reminders. Credit card payment is available in some states for automatic or billed premium payments.

Interest crediting method: The interest rate includes a first year bonus interest rate payable for the first policy year only. On each subsequent policy anniversary the interest credited is subject to change and could go up or down. However, the interest rate can never fall below the guaranteed annual rate of 1%.

Decreasing surrender and withdrawal charges: Charges are imposed during the first ten policy years. Withdrawal and surrender charges gradually decrease and end entirely after ten years in accordance with the following chart:

Certificate Year 1 2 3 4 5 6 7 8 9 10 11+
Surrender / Withdrawal Charge 7% 7% 7% 7% 6% 5% 4% 3% 2% 1% 0%

Special endorsements: This plan may be endorsed for both Traditional and Roth IRAs.

For more information, request a free, no obligation needs analysis with a Woman’s Life representative.


This deferred annuity plan is not available in all states. Current interest rates are not guaranteed and could go up or down. However, the current interest rate can never go below the guaranteed minimum 1% rate. Distribution prior to age 59 ½ may be subject to 10% federal tax penalty. This deferred annuity plan is not FDIC insured, nor is it insured by any other agency of the United States. It is not a bank deposit. It is not guaranteed by a bank or any bank affiliate. It may lose value.