Allianz 222 Annuity Rate & Reviews

Allianz 222 Annuity

The Allianz 222 Annuity is a fixed index annuity which has a 10 year surrender charge period.
Income withdrawal benefits

After 10 contract years can access the Protected Income Value, which includes premium bonuses, any interest bonuses, and any interest credits, by electing either single or joint lifetime income withdrawals.
To receive the Allianz Income Multiplier Benefit, you must be confined to a qualified hospital, nursing facility, or assisted living facility for at least 90 days in a consecutive 120-day period or if you are unable to perform at least two of the six activities of daily living (ADLs). The ADLs are bathing, continence, dressing, eating, toileting, and transferring. Confinement must occur after the first contract year and either during the contract year before the start of lifetime income withdrawals or at any time thereafter.

Allocation Charge

The annual charge is a percentage of the contract accumulation value and can range from a minimum of 0% to a maximum of 1%. The charge, assuming it is greater than 0%, is deducted from the contract’s accumulation value and guaranteed minimum value (in most states) at the end of each contract year. The charge does not impact the contract Protected Income Value (PIV).

MY (Multi-Year) Point-to-Point Crediting
MY (multi-year) point-to-point crediting methods may be a good choice for clients with a longer time horizon, while still offering short-term control with Index Lock.
MY point-to-point crediting offers two options: a 2-year or 5-year crediting period. And whichever option your clients choose, the participation rates are guaranteed until the end of the crediting period.
But remember that your clients don't have to wait until the end of the crediting period. If they see an index value they like, they can lock in that value with Index Lock.
Please, refer to the official Allianz website for rates and illustrations.

Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	2.4% Fixed
2-Year Bloomberg US Dynamic Balance II ER MY PTP Participation Rate	Point to Point Biennial	135% Participation
2-Year PIMCO Tactical Balanced ER MY PTP Participation Rate	Point to Point Biennial	135% Participation
2-Year S&P 500 Futures Daily Risk Control 5% MY PTP Participation Rate	Point to Point Biennial	140% Participation
5-Year Bloomberg US Dynamic Balance II ER MY PTP Participation Rate	Point to Point 5-Year	170% Participation
5-Year PIMCO Tactical Balanced ER MY PTP Participation Rate	Point to Point 5-Year	170% Participation
5-Year S&P 500 Futures Daily Risk Control 5% MY PTP Participation Rate	Point to Point 5-Year	180% Participation
1-Year Bloomberg US Dynamic Balance II PTP Spread	Point to Point Annual	3.35% Spread
1-Year PIMCO Tactical Balanced PTP Spread	Point to Point Annual	3.6% Spread
1-Year S&P 500 PTP Cap	Point to Point Annual	4.25% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.9% Cap
1-Year BlackRock iBLD Claria PTP Cap	Point to Point Annual	3.75% Cap
1-Year BlackRock iBLD Claria ER PTP Participation Rate	Point to Point Annual	100% Participation
1-Year BlackRock iBLD Claria PTP Spread	Point to Point Annual	3.1% Spread
1-Year Bloomberg US Dynamic Balance II ER PTP Participation Rate	Point to Point Annual	95% Participation
1-Year PIMCO Tactical Balanced ER PTP Participation Rate	Point to Point Annual	95% Participation
1-Year Bloomberg US Dynamic Balance II PTP Cap	Point to Point Annual	3.75% Cap
1-Year PIMCO Tactical Balanced PTP Cap	Point to Point Annual	3.75% Cap

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	10%	10%	10%	9%	8%	6%	5%	4%	3%	1%

Riders

Name	Inbuilt	Fee
Allianz 222 Protected Income Value rider	Yes	None
Allianz 222 Protected Income Value rider (AK, NJ, PA, UT and WA)	Yes	None