Products Annuities
| Annuities |
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An annuity is a financial vehicle that accumulates money on a tax-deferred basis. An annuity can also be used to provide:
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- Flex One
- Flex Two
- Window
- 5-Year Annuity
- 3-Year
- Immediate Annuity
- Enjoy Tax-Deferred Growth
- How to Purchase
Flex One (7-Year Flexible or Single Premium) - 1 Year Bonus Interest Rate
A 7-Year Annuity that guarantees an initial bonus guaranteed interest rate for 1 year. After the initial guaranteed period, your account will grow at the then assigned current renewal interest rate*.
| Deposit Limits > | $5,000 to $24,999 | $25,000 to $50,000 | $100,000 and over |
| Current Interest Rate > | 4.10% | 4.40% | 4.40% |
| Current Renewal Rate > | 3.50% | 3.60% | 3.90% |
Temporary Deposit Limit:
Deposits are limited to $50,000 per household per calendar year. Please call the KSKJ Life Home Office at 1.800.843.5755 for amounts under $5,000 and over $50,000.
FEATURES
- Available ages 0-90
- Minimum deposit $300**
- Can be set as a Qualified Plan such as an IRA, ROTH, or SEP
- Can be set as a Non-Qualified Plan for savings
- Additional deposits are flexible but not mandatory
- Systematic interest payments available monthly, quarterly, semi-annually, or annually.
- Free access to your money if:
- You are confined to Nursing Home for 60 days or more
- Death occurs
- You convert to a regular stream of income payments
- No Sales Charges
- No Maintenance Fees
- Free Annual Statements
- Free KSKJ Voice Newspaper
- Membership in local lodge
- National, regional, and local fraternal activities and opportunities to volunteer for charitable causes
MEMBER BENEFIT:
DISCLOSURES:
(*) Advertised rates subject to change without notice.
(**) Minimum deposit is $300 or $25 a month through our automatic bank account withdrawal. Interest rate is 3.00% until accumulated fund value is equal to or greater than $1,000.
(***) Surrender charges may apply in excess of the yearly free 15% withdrawal as follows: 1st Year 7.8%, 2nd Year 6.7%, 3rd Year 5.6%, 4th Year 4.5%, 5th Year 3.4%, 6th Year 2.3%, 7th Year 1.2%.
Withdrawals made prior to age 59½ may be subject to IRS penalty.
All investments backed 100% by assets of KSKJ Life
Not FDIC Insured.
Flex Two (7-Year Flexible or Single Premium) - 2 Year Bonus Interest Rate
A 7-Year Annuity that guarantees an initial bonus guaranteed interest rate for 2 years. After the initial guaranteed period, your account will grow at the then assigned current renewal interest rate*.
| Deposit Limits > | $5,000 to $24,999 | $25,000 to $99,999 | $100,000 and over |
| Current Interest Rate > | 3.90% | 4.20% | 4.20% |
| Current Renewal Rate > | 3.50% | 3.60% | 3.90% |
Temporary Deposit Limit:
Deposits are limited to $50,000 per household per calendar year. Please call the KSKJ Life Home Office at 1.800.843.5755 for amounts under $5,000 and over $50,000.
FEATURES
- Available ages 0-90
- Minimum deposit $300**
- Can be set as a Qualified Plan such as an IRA, ROTH, or SEP
- Can be set as a Non-Qualified Plan for savings
- Additional deposits are flexible but not mandatory
- Systematic interest payments available monthly, quarterly, semi-annually, or annually.
- Free access to your money if:
- You are confined to Nursing Home for 60 days or more
- Death occurs
- You convert to a regular stream of income payments
- No Sales Charges
- No Maintenance Fees
- Free Annual Statements
- Free KSKJ Voice Newspaper
- Membership in local lodge
- National, regional, and local fraternal activities and opportunities to volunteer for charitable causes
MEMBER BENEFIT:
DISCLOSURES:
(*) Advertised rates subject to change without notice.
(**) Minimum deposit is $300 or $25 a month through our automatic bank account withdrawal. Interest rate is 3.00% until accumulated fund value is equal to or greater than $1,000.
(***) Surrender charges may apply in excess of the yearly free 15% withdrawal as follows: 1st Year 7.8%, 2nd Year 6.7%, 3rd Year 5.6%, 4th Year 4.5%, 5th Year 3.4%, 6th Year 2.3%, 7th Year 1.2%.
Withdrawals made prior to age 59½ may be subject to IRS penalty.
All investments backed 100% by assets of KSKJ Life
Not FDIC Insured.
Window (5-Year Single Premium) 1 Year Option
A 5-Year Tax-Deferred Annuity that guarantees a fixed interest rate for 1 year*. Thirty (30) days before the contract's one (1) year anniversary, you will have a window of opportunity to:
- Continue the contract for the remaining four (4) years at the assigned guaranteed interest rate
- Open a new account for another one year guaranteed fixed interest rate
- Withdraw the funds with no penalty or surrender charges.**
First Year Rate | Projected Rate Years 2-5 |
3.00% | 4.00% |
For more information, please click here or call the KSKJ Life Home Office at 1.800.THE.KSKJ (843.5755).
FEATURES
- Minimum deposit $10,000; Maximum deposit $25,000 per household per calendar year.
- Guaranteed fixed interest for 1 year
- Available ages 0-90
- Can be set as a Qualified Plan such as an IRA, ROTH, or SEP
- Can be set as a Non-Qualified Plan for savings
- Single premium deposit only
- No Sales Charges
- No Maintenance Fees
- Free Annual Statements
- Free KSKJ Voice Newspaper
- Membership in local lodge
- National, regional, and local fraternal activities and opportunities to volunteer for charitable causes
MEMBER BENEFIT:
- After the first year, allows for free access to your money of up to 15% of your accumulated value. (Once every contract year***)
- Free access to your money if:
- You are confined to Nursing Home for 60 days or more
- Death occurs
- You convert to a regular stream of income payments
DISCLOSURES:
(*) Advertised rates subject to change without notice.
(**) Withdrawals made prior to age 59 1/2 may be subject to an IRS penalty.
(***) Member benefits are exclusive options only offered to KSKJ Life members. These options can be modified or canceled at any time by the KSKJ Life Board of Directors. Surrender charges may apply in excess of the yearly free 15% withdrawal as follows: 1st Year 7.0%, 2nd Year 6.0%, 3rd Year 5.0%, 4th Year 4.0%, 5th Year 3.0%.
All investments backed 100% by assets of KSKJ Life
Not FDIC Insured.
5-Year Single Premium
A 5-year Tax-Deferred Single Premium Annuity with a fixed rate guaranteed for five (5) years; after which the current renewal rate will apply*.
| Deposit Limit > | $5,000 to $24,999 | $25,000 to $99,999 | $100,000 and over |
| Current Interest Rate > | 3.65% | 4.00% | 4.00% |
| Current Renewal Rate > | 3.50% | 3.60% | 3.90% |
Temporary Deposit Limit:
Deposits are limited to $50,000 per household per calendar year. Please call the KSKJ Life Home Office at 1.800.843.5755 for amounts under $5,000 and over $50,000.
FEATURES:
- Guaranteed fixed interest for 5 years
- Available ages 0-90
- Can be set as a Qualified Plan such as an IRA, ROTH, or SEP
- Can be set as a Non-Qualified Plan for savings
- Single premium deposit only
- No Sales Charges
- No Maintenance Fees
- Free Annual Statements
- Free KSKJ Voice Newspaper
- Membership in local lodge
- National, regional, and local fraternal activities and opportunities to volunteer for charitable causes
MEMBER BENEFIT:
- After the first year, allows for free access to your money of up to 15% of your accumulated value. (Once every contract year***)
- Free access to your money if:
- You are confined to Nursing Home for 60 days or more
- Death occurs
- You convert to a regular stream of income payments
DISCLOSURES:
(*) Advertised rates subject to change without notice.
(**) Withdrawals made prior to age 59 1/2 may be subject to an IRS penalty.
(***) Member benefits are exclusive options only offered to KSKJ Life members. These options can be modified or canceled at any time by the KSKJ Life Board of Directors. Surrender charges may apply in excess of the yearly free 15% withdrawal as follows: 1st Year 7.0%, 2nd Year 6.0%, 3rd Year 5.0%, 4th Year 4.0%, 5th Year 3.0%.
All investments backed 100% by assets of KSKJ Life
Not FDIC Insured.
Three (3-Year Single Premium)
A 3-Year Tax-Deferred Annuity that guarantees a fixed interest rate for 3 years*
| Deposit Limit > | $10,000 to $24,999 | $25,000 to $35,000 |
| Current Interest Rate > | 3.40% | 3.60% |
| Current Renewal Rate > | 3.50% | 3.60% |
Temporary Deposit Limit:
- Guaranteed fixed interest for 3 years
- Available ages 0-90
- $10,000 minimum deposit
- Can be set as a Qualified Plan such as an IRA, ROTH, or SEP
- Can be set as a Non-Qualified Plan for savings
- Single premium deposit only
- No Sales Charges
- No Maintenance Fees
- Free Annual Statements
- Free KSKJ Voice Newspaper
- Membership in local lodge
- National, regional, and local fraternal activities and opportunities to volunteer for charitable causes
DISCLOSURES:
- Advertised rates subject to change without notice.
- Minimum contract is 3.00%
- Withdrawals made prior to age 59 1/2 may be subject to an IRS penalty.
- Penalty free withdrawals only for Required Minimum Distributions from a Qualified Plan
- All investments backed 100% by assets of KSKJ Life
- Not FDIC Insured.
Immediate Annuity
INTEREST ONLY (For option period 5 through 10 years) For amounts over $50,000 please call the KSKJ Life Home Office at 1.800.843.5755 | |
$10,000 to $49,999 3.50% | $50,000 to $100,000 4.00% |
| Guarantees that the interest only portion of the annuity is paid out for a predetermined time period (minimum 5 years and a maximum of 15 years). At the end of the contracted time period, the entire principal remains intact. If death of the annuitant occurs before the end of the payout period, payments will be made to a designated beneficiary until time period has been fulfilled. | |
INTEREST ONLY (For option period 11 through 20 years) For amounts over $50,000 please call the KSKJ Life Home Office at 1.800.843.5755 | |
$10,000 to $49,999 3.75% | $50,000 to $100,000 4.25% |
| Guarantees that the interest only portion of the annuity is paid out for a predetermined time period (minimum 5 years and a maximum of 15 years). At the end of the contracted time period, the entire principal remains intact. If death of the annuitant occurs before the end of the payout period, payments will be made to a designated beneficiary until time period has been fulfilled. | |
FIXED PERIOD (For option period 5 through 10 years) For amounts over $50,000 please call the KSKJ Life Home Office at 1.800.843.5755 | |
$10,000 to $49,999 3.50% | $50,000 to $100,000 4.00% |
| Guarantees that payments will be made until the end of fixed number of years (minimum 5 and a maximum of 20 years). At the end of the fixed period, the principal balance is zero. If death of the annuitant occurs before the end of the payout period, payments will be made to a designated beneficiary until the fixed time has been fulfilled. | |
FIXED PERIOD (For option period 11 through 20 years) For amounts over $50,000 please call the KSKJ Life Home Office at 1.800.843.5755 | |
$10,000 to $49,999 3.75% | $50,000 to $100,000 4.25% |
| Guarantees that payments will be made until the end of fixed number of years (minimum 5 and a maximum of 20 years). At the end of the fixed period, the principal balance is zero. If death of the annuitant occurs before the end of the payout period, payments will be made to a designated beneficiary until the fixed time has been fulfilled. | |
PERIOD CERTAIN WITH LIFE CONTINGENCY For amounts over $100,000 please call the KSKJ Life Home Office at 1.800.843.5755 | |
$10,000 to $49,999 4.25% | $50,000 to $250,000 4.50% |
| Life Annuity with Period Certain of a 5, 10, 15, or 20 years or for the life of the annuitant that guarantees that level payments are received for the annuitant's lifetime. However, if the annuitant should die before the end of the specified period, payments will be paid to the designated beneficiary until the end of the specified | |
Enjoy Tax-Deferred Growth
You earn interest on your contributions.- You earn interest on earnings you’ve already accumulated.
- You earn interest on money that otherwise would have been paid in taxes. Because you pay no current taxes on your annuity earnings, your money may grow and compound at a faster rate than do taxable investments. The money your annuity earns is not subject to taxes until you withdraw it. Typically, that will happen when you retire and are in a lower tax bracket.
How to Purchase
To purchase a KSKJ Life Tax-Deferred Annuity or Immediate Income Annuity please call 1.800.THE.KSKJ (843.5755) or click here.
