Single Premium Immediate Annuity, Future Income Annuity, Zone and ZoneChoice™ Annuities Featured Amongst the Ranks
CUNA Mutual Group announced that Barron’s has again featured several of its products in the “100 Best Annuities” feature for 2021. The MEMBERS® Single Premium Immediate Annuity (SPIA) issued by CMFG Life Insurance Company, MEMBERS® Future Income Annuity (deferred-income annuity) issued by CMFG Life Insurance Company and MEMBERS® Zone Annuity issued by MEMBERS Life Insurance Company were ranked once more with the new addition of the CUNA Mutual Group’s ZoneChoice™ Annuity product issued by MEMBERS Life Insurance Company. In total, the four annuities were featured in 10 spots on Barron’s list.
The feature, which is a compilation of the “100 competitive contracts across different annuity categories, based on a set of assumptions about an investor’s profile. Contract terms—guarantees, benefits, rates, fees—change frequently, particularly in times of volatility or fluctuating interest rates,” exclusively ranks products from companies with an A.M. Best Financial Strength Rating of A- or above. A.M. Best is an independent rating service that evaluates financial stability and operating performance.
“We are thrilled to once again be ranked amongst the best of Barron’s annuities for today’s market,” said David Hanzlik, Vice President, Annuity and Retirement Solutions, CUNA Mutual Group. “These accolades truly speak to the hard work our team is doing to make much-needed savings and retirement products easy to use and understand, serving our core mission of making financial security accessible for all Americans. Importantly, we are proud to call out the addition of our brand new ZoneChoice™ product in the rankings, which delivers customized potential for upside growth with downside protection.”
To learn more about CUNA Mutual Group’s different product offerings, please visit cmannuities.com/products.
About CUNA Mutual Group
With roots in the financial institution space, CUNA Mutual Group offers innovative products that help take the risk out of retirement. Dedicated to understanding the needs of advisors and the clients they serve; we work in new ways to reduce the complexity and fear of financial planning. Our annuities are designed to help meet accumulation, income and legacy planning needs, while providing stability, accessibility and a high level of support to help your clients achieve financial security. Learn more here.
