Common Contracts
1 similar null contracts
CUNA Mutual Stable Value (CMGFIX200)June 29th, 2022
The contract is a fixed, deferred group annuity available to qualified retirement plans. It provides guaranteed protection of principal with a set rate of return. The guarantee in this contract is backed by CMFG Life Insurance Company and supported by its general account. Participants in the contract do not participate in the performance of the general account, but the investment performance of that portfolio supports the contract's minimum guaranteed interest rate, any additional amounts, and payout obligations. The contract is suitable for investors seeking preservation of their account value and a fixed, guaranteed rate of return. The interest rates are reviewed quarterly and are subject to change. All interest rate changes are declared in advance.
