At Diversified Insurance Brokers, we specialize in helping individuals secure guaranteed growth, tax-deferred accumulation, and financial stability through customized annuity solutions. The Clear Spring Life Preserve Multi-Year Guaranteed Annuity, issued by Clear Spring Life and Annuity Company, provides a dependable way to grow retirement savings with zero market risk and flexible terms to meet your evolving financial goals.
Ensure you are receiving the absolute top rates
Current Fixed Annuity Rates
Compare today’s best fixed annuity rates from top carriers.
Current Bonus Annuity Rates
See which annuities offer the highest upfront bonus today.
Request an Annuity Quote
Submit our annuity request form to get personalized rate options.
Lifetime Income Calculator
Use our calculator to see how much guaranteed income your annuity can provide.
Reliable Fixed Interest with Flexible Terms
This annuity offers guaranteed fixed interest rates for 3, 5, 7, or 10 years, giving you the option to choose the term that best fits your retirement timeline. Your interest is locked in, and your growth accumulates tax-deferred, compounding over time without market volatility.
Access to Funds Without Sacrificing Growth
The Preserve MYGA also includes:
-
Penalty-free withdrawals of up to 10% annually starting in year two, providing access to funds while preserving long-term returns
-
Nursing home and terminal illness waivers, ensuring you can access funds when unexpected health events arise
-
A guaranteed death benefit, so your beneficiaries receive the full contract accumulation value
📌 Want to see personalized fixed rate options across 3–10 year terms?
Request Your Annuity Quote Now
Flexible Options at the End of the Term
When the guaranteed period ends, you’re in control. You can:
-
Renew for another term
-
Withdraw your funds without penalty
-
Convert your annuity into a structured income stream
This flexibility makes the Preserve MYGA a great fit for retirees who want to keep their options open while still enjoying consistent growth.
Who Should Consider This Annuity?
This annuity is ideal for:
-
Retirees who want a predictable, guaranteed return with no market exposure
-
Individuals looking for tax-deferred growth in a safe money vehicle
-
Anyone rolling over retirement funds and seeking secure short- or long-term income options
-
Those who want liquidity features and access to funds in case of health-related events
Backed by a Strong Carrier
Clear Spring Life and Annuity Company brings a disciplined, conservative approach to investment management and offers the financial strength you can count on.
Talk to an Advisor or Request Your Annuity Quote
Ready to explore this annuity in more detail—or compare it with other carriers to see if even higher rates are available? With guaranteed income, principal protection, and long-term growth potential on the line, making the right choice is essential. The experienced advisors at Diversified Insurance Brokers will guide you through the options and design a strategy tailored to your retirement goals.
Schedule here:
calendly.com/jason-dibcompanies/diversified-quotes
Licensed in all 50 states • Fiduciary, family-owned since 1980
FAQs: Clear Spring Life Preserve Annuity
What is the Preserve Annuity from Clear Spring Life?
The Preserve Annuity is a fixed deferred annuity that offers a guaranteed interest rate over a specified surrender period, designed for individuals seeking stable, low-risk accumulation without exposure to equity markets.
How does interest accumulate in this annuity?
Upon issue, the contract locks in a fixed interest rate that applies for the duration of the guarantee period. Interest is credited annually (or per contract terms) and accumulates tax-deferred until withdrawal or surrender.
What surrender period does Preserve Annuity use?
The product comes with a multi-year surrender schedule. While exact terms may vary, the surrender charge generally declines over time until the guarantee period ends and full liquidity is restored.
Are annual penalty-free withdrawals allowed?
Yes. Most versions permit a limited annual penalty-free withdrawal (often a small percentage of contract value) after the first year. Withdrawals beyond that limit or early full surrender may trigger surrender charges.
Is there a Market Value Adjustment (MVA) feature?
Some versions may include an MVA — meaning early surrender values could be adjusted up or down depending on prevailing interest rates at the time of surrender. Confirm contract details before purchase.
Can this annuity be used inside an IRA or other qualified account?
Yes. The Preserve Annuity can generally be funded with either qualified retirement funds (like an IRA or 401(k) rollover) or non-qualified savings, depending on your financial goals.
Is my principal protected?
Yes. As a fixed annuity, Preserve guarantees that your premium and credited interest are protected — provided you follow the contract terms and hold through the surrender period or comply with withdrawal rules.
Are there ongoing fees or maintenance costs?
No. There are no annual account maintenance fees or hidden charges. Costs only come into play if you take withdrawals beyond the allowed amount or surrender early.
What happens at contract maturity or after surrender period ends?
At the end of the guarantee period, you typically have full liquidity — you can withdraw the full account value without surrender charges, renew into a new annuity, or roll funds into another financial vehicle.
Who is Clear Spring Life Preserve Annuity best suited for?
This annuity is ideal for conservative savers who want predictable, guaranteed growth, tax-deferred accumulation, and a safe place to park money for a set period — especially those seeking low risk and stable returns without market volatility.
About the Author:
Jason Stolz, CLTC, CRPC, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
