Fixed index annuity review and rates

FlexShield 10

FlexShield 10 is a Single Premium Deferred Index Annuity. The FlexShield 10 is the next generation of accumulation-focused fixed index annuities, designed to protect Premium from index volatility, while maximizing the potential for growth. 
Available in states: AL, AK, AZ, AR, 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, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
1.8% Fixed
1-Year BofA Destinations PTP Participation Rate with -5% Floor
Point to Point
Annual
135% Participation
1-Year BofA Destinations PTP Participation Rate with -10% Floor
Point to Point
Annual
160% Participation
1-Year CS Tech Edge PTP Participation Rate with -15% Floor
Point to Point
Annual
175% Participation
1-Year CS Tech Edge PTP Participation Rate
Point to Point
Annual
80% Participation
1-Year CS Tech Edge PTP Participation Rate with -2.5% Floor
Point to Point
Annual
110% Participation
1-Year CS Tech Edge PTP Participation Rate with -5% Floor
Point to Point
Annual
140% Participation
1-Year CS Tech Edge PTP Participation Rate with -10% Floor
Point to Point
Annual
170% Participation
1-Year SG Global Sentiment PTP Participation Rate with -15% Floor
Point to Point
Annual
175% Participation
1-Year SG Global Sentiment PTP Participation Rate
Point to Point
Annual
80% Participation
1-Year SG Global Sentiment PTP Participation Rate with -2.5% Floor
Point to Point
Annual
110% Participation
1-Year SG Global Sentiment PTP Participation Rate with -5% Floor
Point to Point
Annual
140% Participation
1-Year SG Global Sentiment PTP Participation Rate with -10% Floor
Point to Point
Annual
170% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -15% Floor
Point to Point
Annual
30% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap
Point to Point
Annual
4.5% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -2.5% Floor
Point to Point
Annual
8% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -5% Floor
Point to Point
Annual
15% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -10% Floor
Point to Point
Annual
25% Cap
1-Year S&P 500 PTP Cap with -15% Floor
Point to Point
Annual
20% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
3% Cap
1-Year S&P 500 PTP Cap with -2.5% Floor
Point to Point
Annual
5% Cap
1-Year S&P 500 PTP Cap with -5% Floor
Point to Point
Annual
7.25% Cap
1-Year S&P 500 PTP Cap with -10% Floor
Point to Point
Annual
14% Cap
1-Year BofA Destinations PTP Participation Rate with -15% Floor
Point to Point
Annual
165% Participation
1-Year BofA Destinations PTP Participation Rate
Point to Point
Annual
75% Participation
1-Year BofA Destinations PTP Participation Rate with -2.5% Floor
Point to Point
Annual
105% 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%
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
10 years
Return of premium
Market value adjustment
Minimum contribution
$5,000
Types of funds
Non-Qualified, IRA, SEP IRA, IRA-Roth, and Inherited IRA