Q: How can GCU offer such great rates on their annuities?
1) GCU is technically a 501 (C)(8), not-for-profit organization. As such, they do not pay corporate tax rates on what would traditionally be considered "profit".
2) GCU is a DEBT FREE organization.
3) GCU does not have "outside investors" that don't personally have funds invested in one of its products. As such, while many stock companies have both clients AND investors who share in the company's gains, GCU's Members ARE its owners/investors.
4) Expense Control is a cornerstone of the Company’s fiscal responsibility to its members. GCU maintains ONE corporate office located in Beaver, PA. (About 35 miles northwest of Pittsburgh). From that location, they serve the needs of their 44,000+ members and agents with a staff of approximately 50, very experienced employees.