Fixed index annuity review and rates
Bonus Gold
Bonus Gold is a Flexible Premium Deferred Annuity with a 16-year surrender charge period which pays a one year premium bonus of 10%. The Bonus Gold offers a Fixed Interest Account and Multiple Equity Index Options.
The Indexed Interest Rate is not calculated or credited between index crediting dates; consequently amounts surrendered between index crediting dates will not earn any interest credits. Any interest credit is applied to your annuity on its annual anniversary and is locked-in so future decreases in any index will not affect the interest already credited to your annuity.
The Indexed Interest Rate is not calculated or credited between index crediting dates; consequently amounts surrendered between index crediting dates will not earn any interest credits. Any interest credit is applied to your annuity on its annual anniversary and is locked-in so future decreases in any index will not affect the interest already credited to your annuity.
Available in states:
AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, NE, NH, NM, NC, ND, RI, SD, TN, VT, VA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
1.1%
Fixed
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
10%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
17%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Cap |
Point to Point
Annual
Monthly average
|
2%
Cap
|
| 1-Year Dow Jones PTP Monthly Average Cap |
Point to Point
Annual
Monthly average
|
2.25%
Cap
|
| 1-Year Dow Jones PTP Cap |
Point to Point
Annual
|
2.25%
Cap
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.1%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
2%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats DRC 5% PTP Spread |
Point to Point
Annual
|
4.75%
Spread
|
| 1-Year US 10-Year Treasury Bond PTP Cap and Spread |
Point to Point
Annual
|
2.25%
Cap
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
1.5%
Performance triggered
|
| 1-Year Bond Yield Inverse Cap with Spread |
Inverse Cap
Annual
|
5.15%
Cap
2%
Spread
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 20% | 20% | 19% | 19% | 18% | 18% | 17% | 16% | 15% | 14% | 12% | 10% | 8% | 6% | 4% | 2% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| LIBR Option 1 - 6.00% Rollup | No | 0.90% annually |
| LIBR Option 2 - 6.00% Rollup & Wellbeing Rider | No | 1.00% annually |
| LIBR Option 3 - Bonus Product Indexing Income | No | 0.90% annually |
American Equity Investment Life Insurance Company
Founded:
1995
A.M. Best:
A-
Fitch:
A-
S&P:
A-
Brochure
Free withdrawal
1st year: 0%
2nd+ year: 10%
2nd+ year: 10%
Premium bonus
10%
Surrender schedule
16 years
Return of premium
Market value adjustment
Minimum contribution
$5,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, NQ Stretch, and TSP