IncomeShield 7 Rate & Reviews

IncomeShield 7

IncomeShield 7 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	1.7% Fixed
1-Year SG Global Sentiment PTP Participation rate	Point to Point Annual	75% Participation
1-Year BofA Destinations PTP Participation rate	Point to Point Annual	75% Participation
1-Year CS Tech Edge PTP Participation rate	Point to Point Annual	80% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	2.75% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	10% Participation
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 Participation Rate	Point to Point Annual	65% Participation

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	9%	9%	8%	7%	6%	4%	2%

Riders

Name	Inbuilt	Fee
IncomeShield LIBR Option 2 - 8.25% Rollup	Yes	1.10% annually
IncomeShield LIBR Option 4 - 8.25% Rollup & Wellbeing Rider	Yes	1.20% annually
IncomeShield LIBR Option 5 - 7.00% Rollup & Wellbeing Rider	Yes	1.20% annually
IncomeShield LIBR Option 1 - 4.00% Rollup	Yes	None
IncomeShield LIBR Option 3 - 7.00% Rollup	Yes	1.10% annually