Protect and grow with Staysail.
Navigate your retirement, your way with the support of our multi-year guaranteed annuity.
Stability and protection for the course ahead.
Multi-year guaranteed annuities (MYGAs) are an excellent complement to an overall retirement strategy.
Staysail from Knighthead Life helps safeguard your retirement savings and earns a guaranteed rate of return no matter the market conditions.
How Staysail
works.
On a ship, the staysail provides additional support and stability.
Just like a staysail, our MYGA bolsters your retirement strategy,
helping you navigate and weather the market.
Staysail offers flexible 3, 5, and 7 year guaranteed periods so you
can customize your course.
1 Withdrawal of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59 ½ may also be subject to a 10% federal income tax penalty. The IRS requires owners of IRAs to take a required minimum distribution (RMD) each year once the owner reaches age 72. The annual deadline for taking an RMD is December 31.
Withdrawals requested in accordance with Required Minimum Distribution (RMD) requirements will generally be free of withdrawal charges and a market value adjustment (MVA). Amounts greater than the RMD, may be subject to withdrawal charges and MVA. If the Free Withdrawal Rider is elected, RMDs may be subject to withdrawal charges and MVA if taken in excess of the free amount. Refer to the contract for details regarding withdrawals, the application of fees, MVA, and cost of the Free Withdrawal Rider.
- Determine Premium
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Minimum Premium: $10,000
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Maximum Premium: $2,000,000
- Choose Guaranteed Option Period (GOP)
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3-Year GOP
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5-Year GOP
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7-Year GOP
- Elect to Add Optional 10% Free Withdrawal Rider
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Crediting rates will vary based on whether or not the free withdrawal rider is elected.
Benefits of a multi-year
guaranteed annuity.
Principal Protection
Initial premium allocations are fully protected from downside market risk.
Tax Deferral
Interest earnings grow on a tax-deferred basis, meaning funds aren’t taxable until they’re withdrawn or annuitized.1
Fixed Rate Guarantees
Select a rate guarantee period and earn simple interest daily.
Liquidity
Select a preferred level of liquidity, ranging from none to 10% annually.
Annuitization
After the first contract year, the contract’s accumulated value may be converted into a stream of regular, guaranteed income payments.
Death Benefit
The contract’s accumulated value can be paid to a beneficiary, potentially avoiding probate.