Revol One BreakThrough 10 Year
Current Fixed Rate
Rate Effective Date October 1, 2026
The Revol One BreakThrough 10 Year Annuity Account is a single-premium, 10-year guaranteed policy designed for after-tax, non-qualified funds. Unlike most non-qualified annuities, earned interest is taxed annually. Because of this unique structure, gains withdrawn before age 59½ are not expected to be subject to the IRS 10% early-withdrawal penalty.
After the ten-year term, owners can withdraw, transfer, annuitize, or renew their entire account balance. If no action is taken at renewal, a new ten-year term will begin with new surrender penalties. (This is the default.) However, owners may also choose a one-year fixed-interest account with a new declared rate and no surrender charges or Market Value Adjustment.
Two separate riders can be added to the contract at the time of purchase. Each reduces the interest rate by 0.10% annually. The Free Partial Surrender Rider allows for annual interest withdrawals. The Enhanced Death Benefit Rider waives surrender charges upon passing. This account only accepts post-tax, non-qualified funds.
The corresponding traditional version of this account is the DirectGrowth 10 Year, which offers tax-deferred growth and also accepts qualified, pre-tax funds.
More Annuity options from: Revol One Financial
Notable Features
This annuity account is taxable and generates a Form 1099 each year, even when the interest is not withdrawn. Family members and unrelated beneficiaries may continue their share of the account after the owner’s death while maintaining its terms and interest rate. Designed to avoid the IRS 10% early-withdrawal penalty, it’s well-suited for younger individuals seeking higher guaranteed rates than those typically available from bank CDs.
Terminal Illness and Nursing Home riders are both included when the Enhanced Death Benefit Rider is elected. The contract includes an MVA provision and can be annuitized at renewal for a guaranteed income stream. Only non-qualified funds are accepted.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Taxable Annuity Account)
Term
10 Years
Free Withdrawals Yr1 / Yr2+
Optional
Additional Withdrawal Information
At purchase, owners can add the Free Partial Surrender Rider. This rider allows for annual withdrawals of the earned accumulated interest without surrender charges or MVA charges.
Surrender Schedule
9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%. .90%, 0%
Maximum Age
90
Minimum Investment
$10,000
Maximum Investment
$1,000,000 without prior approval
What We Like About This Annuity
This annuity combines a guaranteed fixed interest rate with annual taxation and greater flexibility for younger investors. Since interest is reported as taxable income each year, gains withdrawn before age 59½ are not expected to incur the additional 10% IRS early-withdrawal penalty associated with most non-qualified annuities.
The contract also offers flexible beneficiary continuation options. Each named beneficiary may independently elect a payout subject to the contract’s terms OR continue ownership of the account. Spouses, children, and non-family beneficiaries may continue the account after the owner’s passing, which may reduce the need for the optional Enhanced Death Benefit Rider.
Owners are not required to withdraw their earned interest, but still receive a 1099 each year. Additionally, the contract does not automatically renew at maturity if the one-year account is selected at renewal.
Other Popular Products
Revol One also offers its DirectGrowth 10-year annuity, which works like traditional tax-deferred MYGAs. Their AccumRev and BonusRev FIAs are also popular because they offer guaranteed S&P 500 caps and annuity premium bonuses, respectively.
About Revol One Financial
Revol One Financial
AM Best Rating: B++ Good (5th of 13 ratings)
https://revolonefinancial.com/
About Revol One Financial
This new insurance company, headquartered in Spring Lake, MI, with offices in Urbandale, IA, offers several popular annuities. It boasts a B++ rating and promises a superior experience for its policyholders.
They offer both fixed and indexed annuities, but their hybrid MYGIA policy is a unique blend of both. It was one of the first on the market to offer guaranteed interest income and fixed interest growth simultaneously.