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-
Carrier details
Free withdrawal
1st year: 0%
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