Apex MYGA® is a multi-year guaranteed annuity that provides steady, guaranteed, tax-deferred growth without market volatility.
Multi-Year Guaranteed Fixed Annuity
Apex MYGA®
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Apex MYGA®
Product Information
Apex MYGA® is a straightforward way to grow client’s retirement savings with stability, flexibility, and confidence. It offers guaranteed interest over a set period, with no exposure to market fluctuations and no unnecessary complexity.
Product Snapshot
Quickly scan Apex MYGA®’s core features, like issue age ranges, premium minimums, guarantee periods, and withdrawal provisions, all in one place. This summary includes issue ages, premium limits, guarantee periods, and built-in ways to access money when needed, making it easy to find the right fit and compare annuity options.
Rate Sheet
View current declared interest rates based on the premium amount and selected guarantee period. Rates are available for 3-, 5-, and 7-year terms, with break points at $100,000. Updated regularly.
Product Brochure
Explore how Apex MYGA® delivers tax-deferred growth with guaranteed interest and built-in flexibility. This brochure explains how the product works, how to choose guarantee periods, and how it fits into different retirement planning approaches.
Apex MYGA®
Additional Information
Make money work harder
Earnings grow tax-deferred until withdrawal, allowing interest to compound over time. Choose multiple guarantee periods within one contract, a strategy known as fixed annuity laddering, which provides more flexibility and access as retirement needs evolve.
Predictable growth with flexibility
Grow money at a predictable rate with the flexibility to allocate premiums to more than one interest guarantee term.
Accessible when needed most
Beginning in the first year, the product provides access to a portion of your money without withdrawal charges, helping you stay flexible and prepared for the unexpected.
Frequently Asked Questions
A MYGA is a Fixed Annuity (FA) —an insurance product that is designed to help you meet your long-term retirement needs. An FA can help you:
Grow savings at a predictable, guaranteed fixed rate.
Benefit from tax-deferred growth—pay no taxes on any interest earnings until they are withdrawn.
Guarantee your principal and any interest—when you hold your contract for the full guarantee period (and make no withdrawals).
Convert your savings into retirement income, including income for life.
Annuities are long-term investment vehicles designed for retirement purposes. Their guarantees are backed by the financial strength and claims-paying ability of the insurance company that issues the annuity. As an informed consumer, you can research an insurer’s financial strength ratings—which gauge the claims-paying ability of an insurance company to meet its financial obligations to policy/contract holders. These agencies rate the financial strength of insurance companies on a regular basis— for example, A.M. Best Company, Fitch Ratings, and Standard and Poor's.
Your financial professional can help you decide if an annuity fits into your overall financial plan depending on your current portfolio, your short and long-term goals, plus your risk tolerance. Delaware Life Insurance Company does not provide individualized investment, legal, or tax advice. Please consult with your investment, legal, or tax professional before making any investment decisions.
You may be eligible for an early withdrawal of:
Up to 10% of the last contract anniversary account value, or
The required minimum distribution (RMD).
Both options are free of surrender charges and any applicable Market Value Adjustment (MVA). Please consult your financial professional for more information.
Some fixed annuities may offer riders or features at additional cost. Please consult your financial professional for more information.
Apex MYGA® Legal Disclosure
Broker/dealer and state variations may apply. Contact your broker/dealer for availability. Annuities are long-term retirement vehicles. There is no additional tax benefit to purchasing an annuity within a qualified retirement plan. If you choose to purchase an annuity in a qualified retirement plan, you should do so for reasons other than tax deferral, such as the features and benefits of the annuity.
Guarantees are backed by the financial strength and claims-paying ability of Delaware Life Insurance Company (Zionsville, IN). Policies and contracts are issued by Delaware Life Insurance Company. For use with Delaware Life Insurance Company base policy forms ICC20-DLIC-MYGA and DLIC20-MYGA and state-specific variations where applicable. Policy and rider form numbers may vary by state. Products, riders, and features may vary by state, and may not be available in all states. This material may not be approved in all states. Ask your financial professional for more information.
Delaware Life Insurance Company (Zionsville, IN) is authorized to transact business in all states (except New York), the District of Columbia, Puerto Rico, and the U.S. Virgin Islands and is a member of Group One Thousand One (Group1001) Insurance Holdings, LLC.
This brochure is a general description of the product. Please read your contract and disclosure statement for definitions and complete terms and conditions, as this is a summary of the annuity’s features.
Withdrawals of taxable amounts are subject to ordinary income tax and if made before age 59½, may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a nonqualified annuity may also be subject to an additional 3.8% federal tax on net investment income.