Fixed index annuity review and rates

Allianz Accumulation Advantage

Accumulation Advantage Annuity provides the typical features of fixed index annuities – including principal protection from market downturns, the potential for tax-deferred growth, options for annuity income payments, and a death benefit for your beneficiaries.
To help with accumulating savings for retirement, Accumulation Advantage also gives you:
  • the potential to receive indexed interest based on changes in an external market index
  • a variety of options to direct your premiums toward, including 14 index allocations and a fixed interest allocation
Payout options
You can choose to receive annuity payments based on your choice of several annuity options. If you use a standard annuitization option after five contract years, your annuity payments are based on your accumulation value. These annuity options can have certain tax advantages.
Installments for a guaranteed period You can choose to receive annuity payments in equal installments for a period from 10 to 30 years. Each installment would consist of part principal and part interest.
Installments for life You have the option to receive annuity payments in equal installments for the rest of your life. Payments end upon your death, even if we have paid only one annuity payment at the time you die.
Installments for life with a guaranteed period You can choose to receive annuity payments in equal installments for the rest of your life. Upon your death, payments for the balance of the guaranteed period, if any, will be paid to your beneficiary in the same way as they were previously being made.
Installments for a selected amount You may select to receive annuity payments in equal installments of an amount that you choose, as long as the payments last for at least 10 years. Payments continue until your annuitization value and interest are gone.
Joint and Survivor You can select to have equal installments paid until your death with additional payments to your named survivor. In this case, payments to your named survivor would continue until his or her death at 100% or 2/3 of your original installments, based on your selection.

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
3.45% Fixed
2-Year Bloomberg US Dynamic Balance ER II MY PTP Participation Rate
Point to Point
Biennial
245% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.75% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.6% Cap
1-Year Bloomberg US Dynamic Balance II PTP Cap
Point to Point
Annual
7.5% Cap
1-Year PIMCO Tactical Balanced PTP Cap
Point to Point
Annual
7.25% Cap
1-Year PIMCO Tactical Balanced PTP Spread
Point to Point
Annual
2.75% Spread
1-Year BlackRock iBLD Claria PTP Cap
Point to Point
Annual
7.75% Cap
1-Year Bloomberg US Dynamic Balance II PTP Spread
Point to Point
Annual
2.5% Spread
1-Year BlackRock iBLD Claria PTP Spread
Point to Point
Annual
2.25% Spread
2-Year PIMCO Tactical Balanced ER MY PTP Participation Rate
Point to Point
Biennial
240% Participation
1-Year PIMCO Tactical Balanced ER PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year BlackRock iBLD Claria ER PTP Participation Rate
Point to Point
Annual
140% Participation
1-Year Bloomberg US Dynamic Balance ER II PTP Participation Rate
Point to Point
Annual
135% Participation
2-Year S&P 500 Futures Daily Risk Control 5% (ER) MY PTP Participation Rate
Point to Point
Biennial
255% Participation
5-Year Bloomberg US Dynamic Balance II (ER) MY PTP Participation Rate
Point to Point
5-Year
260% Participation
5-Year PIMCO Tactical Balanced (ER) MY PTP Participation Rate
Point to Point
5-Year
255% Participation
5-Year S&P 500 Futures Daily Risk Control 5% (ER) MY PTP Participation Rate
Point to Point
5-Year
265% Participation
1-Year Fixed Account
Fixed
3.75% Fixed
1-Year BlackRock iBLD Claria PTP Cap
Point to Point
Annual
9.25% Cap
2-Year PIMCO Tactical Balanced ER MY PTP Participation Rate
Point to Point
Biennial
255% Participation
1-Year PIMCO Tactical Balanced ER PTP Participation Rate
Point to Point
Annual
145% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.9% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.5% Cap
1-Year Bloomberg US Dynamic Balance ER II PTP Participation Rate
Point to Point
Annual
150% Participation
1-Year BlackRock iBLD Claria PTP Spread
Point to Point
Annual
1.5% Spread
1-Year Bloomberg US Dynamic Balance II PTP Cap
Point to Point
Annual
9% Cap
1-Year PIMCO Tactical Balanced PTP Cap
Point to Point
Annual
8.75% Cap
1-Year BlackRock iBLD Claria ER PTP Participation Rate
Point to Point
Annual
155% Participation
2-Year Bloomberg US Dynamic Balance ER II MY PTP Participation Rate
Point to Point
Biennial
260% Participation
1-Year PIMCO Tactical Balanced PTP Spread
Point to Point
Annual
2% Spread
1-Year Bloomberg US Dynamic Balance II PTP Spread
Point to Point
Annual
1.75% Spread
2-Year S&P 500 Futures Daily Risk Control 5% (ER) MY PTP Participation Rate
Point to Point
Biennial
275% Participation
5-Year Bloomberg US Dynamic Balance II (ER) MY PTP Participation Rate
Point to Point
5-Year
285% Participation
5-Year PIMCO Tactical Balanced (ER) MY PTP Participation Rate
Point to Point
5-Year
280% Participation
5-Year S&P 500 Futures Daily Risk Control 5% (ER) MY PTP Participation Rate
Point to Point
5-Year
290% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Flexible Annuity Option Rider No None
Allianz Life Insurance Company of North America
Founded: 1896
A.M. Best: A+
S&P: A+
Moody's: A1
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$20,000
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, 401a, IRA Transfer, SEP IRA, KEOGH, IRA-Roth, and TSP