Our tax-deferred annuities provide competitive interest rates for five- or eight-year periods. You can make contributions in a lump sum or a series of payments in either qualified retirement accounts or non-qualified accounts.

This product is an update of the Preferred 5 and Preferred 8 that you love*, with new features.

*GBU annuities were rated 4 or 5 out of 5 for product quality by 97% of respondents to GBU Life’s 2022 Member Survey.

An Asset Guard MYGA Annuity from GBU Life provides you with guaranteed growth and stability. Have confidence and certainty in your retirement outlook; save for the future by protecting your portfolio with a guaranteed return.

Unlike other annuities with returns that can change over the life of the contract, the interest rate for your Asset Guard Annuity is locked in at issue and guaranteed for the time period that you select.

This makes it a realizable and steady contract that has principal protection. Further, there are no fees associated with MYGAs, and your deposits start earning interest from the day they are received.

As retirement nears, financial challenges like rising healthcare costs, inflation and market volatility need to be managed. Our immediate annuities convert a portion of members’ savings into steady, reliable and guaranteed income for a specified period or their lifetime.

We offer a range of payout options so members can balance their income needs with their legacy wishes. Members can choose when payments begin, how long the payments will last, whether to insure one or two policyholders and/or designate a beneficiary to receive any remaining payments.