Fixed index annuity review and rates

IncomeShield 10 without LIBR

IncomeShield 10 is a fixed index annuity designed to help protect hard-earned dollars from index fluctuations while offering interest growth opportunities based on increases in an index. 
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, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
1.1% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
1.75% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
10% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1% Cap
2-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate
Point to Point
Biennial
55% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap
Point to Point
Annual
2.5% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year BofA Destinations PTP Participation rate
Point to Point
Annual
50% Participation
2-Year BofA Destinations PTP Participation rate
Point to Point
Biennial
70% Participation
1-Year CS Tech Edge PTP Participation rate
Point to Point
Annual
50% Participation
2-Year CS Tech Edge PTP Participation rate
Point to Point
Biennial
70% Participation
1-Year SG Global Sentiment PTP Participation rate
Point to Point
Annual
50% Participation
2-Year SG Global Sentiment PTP Participation rate
Point to Point
Biennial
70% Participation
2-Year S&P 500 PTP Cap
Point to Point
Biennial
3.75% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
15% 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%
Premium bonus
7%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$5,000
Types of funds
Non-Qualified, IRA, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, and TSP