Future Flex Preferred Annuity Series

October 26, 2023

Ready for an upgrade?

The new GBU Future Flex Preferred is here! This product is an update of the Preferred 5 and Preferred 8 that you love*, with new features.

New Features

Future Flex Preferred 5 & 8 (FFP 5 & FFP 8)

  • Penalty-free annual withdrawals with roll-up option
  • Living Benefits Rider
  • Joint Ownership

Future Flex SPIA

  • Penalty-free annual withdrawals with roll-up option
  • Commutation Rider
  • Joint Ownership

More about the Annuities

Withdrawal of up to 10% of the account value can be made each year, including the first year. If no withdrawal is made in any given year, a 20% withdrawal may be made the following contract year. Withdrawals for amounts over those allowed during the guaranteed period are subject to surrender charges defined in the contract. GBU Life is the marketing name for GBU Financial Life. Annuities are not short-term products and are issued by GBU Financial Life (GBU), 4254 Saw Mill Run Blvd., Pittsburgh, PA 15227. Benefits may be taxable. Withdrawals prior to 59½ may be subject to IRS penalties. Products referenced are offered and sold only by appropriately appointed and licensed entities and professionals. Products and features may vary by state. Certain riders may not be available with all products. No statement contained herein shall constitute tax, legal or investment advice. You should consult with a legal or tax professional for any such matters. NOT A DEPOSIT OF A BANK-MAY LOSE VALUE-NOT BANK GUARANTEED.

For the Future Flex Preferred

Rates are subject to change without notice. The first-year declared interest rate is guaranteed for the first contract year only and is separate from the guaranteed minimum rate of 2.00% and 1.65%, respectively, which is effective for all contract years. Effective annual yields will be lower if withdrawals are more than annually. After the first contract year, annual deposits are limited to $1,000,000. During the surrender charge period, withdrawals exceeding 10% will be subject to a surrender charge that may be higher than fees associated with other types of financial products and may reduce principal. This is a summary of the contract provisions. Please refer to the contract for details of surrender charge schedule, benefits and exclusions. Contract Form Series: ICC22_FPDA_CON_(01-22), FPDA_CON_(01-22)_FL, ICC22-SPIA_CON_(01-22), SPIA_CON_(01-22)_FL

Ready to find out more?

Call your GBU agent or the GBU Home Office to schedule an appointment to review your needs.

Request an Appointment

Current annuity rates are available at inside.gbu.org/current-rates


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

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As we move into the second quarter of another exciting year, I want to take a moment to reflect on our accomplishments and share some of the new initiatives we are implementing in the realms of sales, marketing and community engagement. Over the past year, GBU Life has reached significant milestones thanks to the dedication and hard work of our team and the trust and support of our members. Our sales department has exceeded targets, and we have expanded our reach to more communities than ever before. We have launched several successful marketing campaigns that have not only increased our visibility but have also strengthened our brand's presence in the industry. For this year, our focus will be educating potential new members on the importance of securing their financial futures through life insurance and annuity products while serving their communities as part of our great Society. Looking ahead, we are committed to enhancing our sales strategies to better serve you. We are introducing some tools for our agents to enhance our products. One new tool is our Defined Benefit Annuity program which combines the Future Flex Fixed Index Annuity (FIA) with a software tool that can help determine retirement savings needs and break them down into contributions over time to help you meet your retirement goals. Be sure to keep in touch with your GBU agent to review your plans and products to see how adding an FIA to your retirement planning can help boost your savings efforts
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