Liberty Bankers Heritage Elite 5
Current Fixed Rate
Rate Effective Date October 8, 2026
The Liberty Bankers Heritage Elite 5 is a single premium, fixed annuity with a 5-year rate guarantee. After five years, owners can withdraw, transfer, or reinvest their entire account balance. If no action is taken, the account does not automatically renew. It will remain in annuity form with a one-year interest rate guarantee.
Qualified and non-qualified funds are accepted, including most types of IRAs and Non-Qualifed Stretch accounts. Required Minimum Distributions are allowed and not subject to surrender penalties. There are no surrender charges or MVA charges upon passing of the owner.
More Annuity options from: Liberty Bankers Life
Notable Features
IRA Required Minimum Distributions are not subject to surrender charges. All other withdrawals (except for the passing of the owner) are subject to surrender charges.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
5 Years
Free Withdrawals Yr1 / Yr2+
0% / 0%
Additional Withdrawal Information
This annuity only allows for penalty free Required Minimum Distributions. All other withdrawals are subject to surrender penalties and MVA charges.
Surrender Schedule
7.90%, 7.00%, 6.20%, 5.30%, 4.40%, 0%
Maximum Age
90
Minimum Investment
$10,000
Maximum Investment
$1,000,000 without prior approval
What We Like About This Annuity
There are only small minimums required to secure the highest rate. The account does not automatically renew at maturity. There are no surrender penalties at death.
Other Popular Products
Liberty Bankers offers a wide array of insurance products, including several MYGA fixed annuities with varying amounts of liquidity. They also offer comprehensive Medicare Supplement and Final Expense life insurance.
About Liberty Bankers Life
Liberty Bankers Life
AM Best Rating: A- Excellent (4th of 13 ratings)
https://www.lbig.com/
About Liberty Bankers Insurance Group
With offices in TX, FL, KY, and NC, Liberty Bankers better serves its nationwide customer base. Whether consumers seek annuities, Medicare Supplements, life insurance, or ancillary policies, this well-diversified company has them covered.
This A- rating company with AM Best boasts nearly $4 billion in assets under management and over $33 million in surplus to cover policyholders’ needs. They and their affiliates cover tens of thousands of consumers across the country. They were founded in 1958.