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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