Navy Mutual Annuities
Current Annuity Rates

Flexible Premium Retirement Annuities


Deposit AmountNew Money Rate1% Guaranteed Rate
(policies after 2009)
3% Guaranteed Rate
(policies before 2009)
$25 to $24,9993.50%3.35%3.35%
$25,000 to $49,9993.60%3.45%3.45%
$50,000 to $99,9993.70%3.55%3.55%
$100,000 to $1,000,0003.75%3.60%3.60%

Flexible Premium Retirement Annuities can be funded through multiple contributions. Flexible Premium Retirement Annuities are non-qualified annuities purchased with after-tax dollars.

  • Minimum Initial Deposit: $100
  • Maximum Initial Deposit: $1,000,000
  • Minimum Subsequent Deposits: $25

The sum of all deposits cannot total more than $1,000,000.

The interest rate of Flexible Premium Retirement Annuities varies over time and with the cumulative balance of the annuity.

  • New deposits earn the new money rate declared on the date of deposit for the first 12 months they are invested. This rate will never be less than the guaranteed minimum interest rate stated on your contract.
  • All funds held in the annuity for at least 12 months will earn the current declared portfolio rate, which will never be less than your guaranteed minimum interest rate. The portfolio rate may change periodically.

Single Premium Deferred Annuities


Single Premium5-Year Lock7-Year Lock*10-Year Lock*
$10,000 to $24,9994.75%4.75%4.95%
$25,000 to $99,9995.05%5.05%5.25%
$100,000 and Above5.15%5.15%5.35%

Single Premium Deferred Annuities are funded through one lump-sum contribution. As Single Premium Deferred Annuities are non-qualified annuities, this premium deposit is made with after-tax dollars.

  • Minimum Deposit: $10,000
  • Maximum Deposit: $5,000,000

There is a maximum contribution limit of $5,000,000 per household across all Single Premium Deferred Annuities issued to a family.

Your interest rate depends on the size of your premium deposit and the length of lock-in period selected. This interest rate is guaranteed for the duration of the lock-in period. A 1% premium bonus is added to any deposit with a 7- or 10-year lock.

Note that this premium bonus and the interest it accumulates will be forfeited if any distribution which triggers a Market Value Adjustment occurs during the interest rate lock-in period.

Single Premium Immediate Annuities


Single Premium5 Year7 Year10 Year15 Year20 Year25 Year
$10,000 to $24,9994.55%4.50%4.30%4.40%4.60%4.65%
$25,000 to $49,9994.60%4.55%4.40%4.45%4.65%4.70%
$50,000 to $99,9994.70%4.60%4.45%4.50%4.70%4.75%
$100,000 to $1,000,0004.75%4.65%4.45%4.50%4.70%4.75%

Single Premium Immediate Annuities are funded through one lump-sum contribution. As Single Premium Immediate Annuities are non-qualified annuities, this premium deposit is made with after-tax dollars.

  • Minimum Deposit: $10,000
  • Maximum Deposit: $1,000,000

Interest rates depend on the size of your premium deposit and the length for which you will receive income payments. Those who choose a life income or joint and survivor income payout option may receive an interest rate between those listed here depending on their life expectancy.

Questions? Call 800-628-6011.

Annuity Basics

If you are ready to learn the basics of annuities, start here. Then, when you are ready to set yourself up with guaranteed income, you can schedule a consultation with a representative.

Annuity Payout Options

Navy Mutual offers five payout options that provide income in different ways. This decision should take into consideration the reason you decided to purchase the annuity in the first place.