Mutual of Omaha Ultra Premier 5 MVA
Current Fixed Rate
Rate Effective Date September 7, 2026
The Mutual of Omaha Ultra Premier 5 is a single premium, fixed annuity with a five-year rate lock. It accepts both qualified and non-qualified deposits. Owners have a 30-day window at maturity to withdraw, transfer, annuitize, or renew their annuity funds.
This annuity includes several hardship waivers that are unique to MYGA contracts. Disability, Terminal Illness, Long Term Care, Unemployment, Annuitization, Damage to Residence, Transplant Surgery, and Death of a Spouse or Minor Dependent can allow for penalty-free withdrawals.
This policy includes a Market Value Adjustment provision. There are no surrender charges at passing.
More Annuity options from: Mutual of Omaha
Notable Features
Several companies offer long term care and terminal illness waivers, but this annuity goes far beyond. Most notably, if the owner has home damage over $50K or is receiving unemployment benefits for 60 days, surrender charges are waived.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
5 Years
Free Withdrawals Yr1 / Yr2+
10% / 10%
Surrender Schedule
9%, 9%, 8%, 7%, 6%, 0%
Maximum Age
89
Minimum Investment
$25,000
Maximum Investment
$3,000,000 without prior approval
What We Like About This Annuity
Offered from an A+ rated company with low minimums to start. Penalty free withdrawals of 10% of the contract value available all years. Several hardship waivers allow for free withdrawals. Larger deposits accepted.
Other Popular Products
Mutual of Omaha is popular for offering competitively priced Medicare Supplements and traditional Long Term Care Insurance. Life insurance, disability insurance and employer based plans are also in-demand offerings.
About Mutual of Omaha
Mutual of Omaha
AM Best Rating: A+ Superior (2nd of 13 ratings)
https://www.mutualofomaha.com/
About Mutual of Omaha Insurance Company
Headquartered in Omaha, NE, Mutual of Omaha is one of the most well-known insurance carriers in the United States. Founded in 1909, they are an A+ rated company with over $45 billion under management. They score 90 with Comdex, which provides assurances for annuity buyers.
One of their strengths is their diverse product offerings. They were one of the first companies to offer Medicare Supplement insurance, but have since expanded into annuity, life, health, long term care, disability, dental, and critical illness policies.
Through independent agents, they also market competitive indexed and fixed-indexed annuity plans for growth and income. Innovation, integrity, results, and greatness are just a few of their core values.