Fixed index annuity review and rates
EstateShield 9 (CA Only)
EstateShield 9 is a Modified Single Premium Deferred Index Annuity.
Available in states:
CA
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.2%
Fixed
|
| 2-Year BofA Destinations PTP Participation Rate |
Point to Point
Biennial
|
140%
Participation
|
| 2-Year CS Tech Edge PTP Participation Rate |
Point to Point
Biennial
|
145%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate |
Point to Point
Annual
|
95%
Participation
|
| 2-Year SG Global Sentiment PTP Participation Rate |
Point to Point
Biennial
|
135%
Participation
|
| 1-Year CS Tech Edge PTP Participation Rate |
Point to Point
Annual
|
100%
Participation
|
| 2-Year S&P 500 Dividend Aristocrats ER PTP Participation Rate |
Point to Point
Biennial
|
135%
Participation
|
| 1-Year SG Global Sentiment PTP Participation Rate |
Point to Point
Annual
|
95%
Participation
|
| 2-Year S&P 500 PTP Cap |
Point to Point
Biennial
|
8.75%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats ER PTP Participation Rate |
Point to Point
Annual
|
95%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.9%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4.25%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| No-Fee Lifetime Income Benefit Rider: Indexing Income (CA) | Yes | None |
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%
Surrender schedule
9 years
Return of premium
Market value adjustment
Minimum contribution
$5,000
Types of funds
Non-Qualified, IRA, SEP IRA, IRA-Roth, 1035 Exchange, and Inherited IRA