Minimum premium payment required. Four-year contract required, surrender charges for early termination are as follows: Year 1: 8%; Year 2: 6%; Year 3: 4%; Year 4: 2%. 1Based on the Company’s 8/23/2023 declared interest rate for the New Money 4 (Select IV Fixed Premium Annuity) product. Current interest rates posted above are neither guaranteed nor estimated for the future and premium banding is as follows: Years 1-4 4.75% ($25,000-99,999); 5.00% ($100,000+). Credited rates following the initial rate guarantee period are neither guaranteed nor estimated for the future. The Company reserves the right to change the current rate for future purchases without notice at any time for any reason. Contact the company for the current rate. Based on the claims-paying ability of Farm Bureau Life Insurance Company.
1Neither the Company nor its agents or advisors give tax, accounting or legal advice. Consult your professional advisor in these areas.