A Fixed-Term Annuity Share Certificate is a Federally insured account designed to provide you with a monthly income to supplement your retirement for a pre-determined length of time (5, 10, 15 or 20 year terms available).
This calculator can provide you with an estimate of the monthly income you could receive from your Fixed-Term Annuity Share Certificate.
Date:___________________________ Certificate Owner Signature:____________________________
Definitions
- Initial Deposit
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- The amount you wish to deposit in your Fixed-Term Annuity Share Certificate.
Term of Fixed-Term Share Certificate
- The number of years you select as the length of time the Fixed-Term Share Certificate will provide a monthly income.
Annual Percentage Yield
- The annual yield for the Fixed-Term Annuity Share Certificate.
Frequency of payments
- Payments are made monthly (1st of each month for the term of the Annuity Share Certificate) via transfer to your PFCU Checking or Savings account.
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