Annuities
A plain-English guide to how annuities work, who they may help, and the Polish Falcons of America annuity options we offer.
An annuity is a contract with an insurance company. You put money in, either all at once or over time, and the company credits interest to your account. Later, you can take the money out in a lump sum, as withdrawals, or as a steady income stream, which can even last for the rest of your life.
The type we focus on is a fixed annuity. Your money earns a declared interest rate, and the contract guarantees a minimum rate, so your account value does not go down because of the stock market.
An annuity may be a good fit if you have money you will not need for several years, want a guaranteed minimum rate, and want to avoid market ups and downs. It is usually not the right place for emergency money, because taking out more than the free amount during the surrender period can result in a charge.
Featured annuity · Not-for-profit
Polish Falcons of America is a not-for-profit fraternal benefit society. When you open an annuity, you become a member and may be eligible for member benefits and programs.
12.00% first year
First-year declared rate, guaranteed for the first contract year only. 3.0% minimum guaranteed rate. $1,000 minimum, issue ages 0–90. 9-year surrender period; up to 10% of your account may be withdrawn each year with no penalty.
10.00% first year
First-year declared rate, guaranteed for the first contract year only. 3.0% minimum guaranteed rate. $1,000 minimum, issue ages 0–90. 5-year surrender period; up to 10% may be withdrawn each year with no penalty.
5.00%–5.50%
A fixed rate locked in for your chosen term: 5.00% for 2 years or 5.50% for 3 years. $5,000 minimum, issue ages 0–90. No added deposits during the term; early withdrawals are subject to surrender charges.
3.00%
Current crediting rate with a guaranteed minimum rate. Start with just $500, issue ages 18–90. 9-year surrender period; up to 10% may be withdrawn each year with no penalty.
The Flexible Premium Annuities can also be used to open a Traditional IRA or Roth IRA. There are no administration fees.
Rates shown are as published by Polish Falcons of America as of October 2026 and are subject to change at any time. Conditions apply. The first-year declared interest rate is guaranteed for the first contract year only; after the first year, the rate is based on the applicable 9-Year or 5-Year Flexible Premium Deferred Annuity rate and will not fall below the 3.0% minimum guaranteed rate. Withdrawals above the penalty-free amount during the surrender period are subject to surrender charges. Annuities are issued by Polish Falcons of America, a fraternal benefit society; membership is required. Annuities are not bank deposits, are not FDIC insured, and are not guaranteed by any bank or government agency. Products may not be available in all states. Michigan Benefit Services & Family Care, LLC, Polish Falcons of America, and their insurance professionals do not provide tax, legal, or investment advice; please consult a tax professional, especially before choosing an IRA or Roth IRA.
