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Discover FastBreak™, a modern annuityⓘ with a higher return potential than the average CD or savings account.
Get low risk, fixed 5.50% growth
No hidden fees or charges, giving you higher returns
Earn and withdraw your money at any age
A- (excellent) financial strength rating of insurance company by AM Best4
Open an account in under 10 minutes with an easy, online application.
You can fund your annuity by a checking or savings account or check.
To manage your account and see your growth, simply log into your Gainbridge® portal for real time updates.
Gainbridge® was built by industry leaders to create annuities for the 21st century, as a proud subsidiary of Group 1001, which has approximately $66.8 billion of combined assets under management as of September 30, 2024. Our secure platform allows you to invest directly getting guaranteed, higher growth for your money, while protecting you from volatility.
Our online platform lets you buy FastBreak™ directly. This means you get a transparent experience, putting the power and higher returns back in your hands. And with Gainbridge® annuity products you can cancel within 30 days of receiving your contract.
We have real people ready to help real people. Our gold medal support team is here to help. Reach us by phone 866-252-9439, email team@gainbridge.io, or live chat.
Our FastBreak™ multi-year guaranteed annuity (MYGA) is an annuity product designed to guarantee your principal investment. It’s a risk-free way to invest your lump sum, set your term, and accumulate interest over a specified investment period, ranging from three to ten years.
If you’re looking for a way to earn steady growth for a pre-selected investment term, access up to 10% of your money annually without charges, safety of your principal with higher return potential than a CD or other bank product, and want to pay taxes on your earnings each year in return for tax penalty free withdrawals if you are under age 59 ½, then FastBreak™ may be the choice for you. It’s perfect for saving toward medium- and longer-term future goals. Plus, you'll have direct control and no advisor fees.
With FastBreak™ you can withdraw up to 10% of your premium deposit in your first contract year (and each year thereafter up to 10% of the most recent Contract Anniversary Contract Value) without incurring a Withdrawal Charge or Market Value Adjustment. Note that any withdrawal will reduce your contract Value.
Unlike a typical annuity, FastBreak™ does not provide tax-deferral. Each year you will pay ordinary income tax on the interest credited to your Contract. Because FastBreak™ earnings are not tax-deferred, you will not pay a tax penalty to withdraw interest before age 59½.
It’s important to note that should you make withdrawals from or surrender your contract prior to the end of your selected investment term, we will apply a Withdrawal Charge and a Market Value Adjustment the amount of the withdrawal or surrender that exceeds the 10% annual Free Withdrawal Amount. However; you will not be subject to a 10% tax penalty on interest withdrawn if you are under age 59½.
FastBreak™ and SteadyPace™ are both multi-year guaranteed annuity products issued by Gainbridge Life Insurance Company. However, FastBreak™ and SteadyPace™ serve different purposes. While both FastBreak™ and SteadyPace™ are intended for individuals who are generally interested in a medium- to long-term savings vehicle, FastBreak™ is designed for individuals who may need access to their money before age 59 ½, whereas SteadyPace™ is designed for individuals who are saving for retirement and do not plan to make withdrawals prior to age 59 ½. With FastBreak™ you’ll pay tax on the interest credited to your account annually and will not be subject to a 10% penalty tax on interest withdrawn before age 59 ½. Whereas with SteadyPace™ your earnings grow tax-deferred; you'll pay income tax on your earnings only when you make a withdrawal, which may provide for a reduced tax rate during retirement (as long as you’re at least 59½ years old; otherwise, a 10% penalty tax usually applies to earnings withdrawals).
Both FastBreak™ and SteadyPace™ provide a 10% Free Withdrawal Amount annually beginning in the first contract year. This allows you to access up to 10% of either your premium (first year) or most recent Contract Anniversary Contract Value (each year thereafter). Should you need to make a withdrawal above this amount or surrender your contract before the investment term ends; you’ll be subject to a Withdrawal Charge and Market Value Adjustment. Though with FastBreak™ you will not also pay a 10% penalty if you are under age 59½.
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