What is GEBA’s GIC?
A contract with an insurance company that provides principal preservation and pays a fixed rate for 5 years.  In 2009, GEBA introducted the Stable Value Account (SVA) as a replacement to the GIC.


How is Stable Value Account like the old GIC?
Stable Value Accounts are tax-deferred investments suitable for IRAs and annuities.  Like the GIC, the SVA provides quarterly statements and apply interest every two weeks. 


How is this different from the old GIC?

• Increased diversification and lower company specific risk
• No maximum contract period or rate
• Returns adjust gradually to reflect market rates

Click here to return to the Stable Value Account webpage.