Fixed index annuity review and rates

Retirement Gold

The Retirement Gold is a Flexible Premium Deferred Annuity with a 10-year surrender charge period which pays a one-year premium bonus of 8% (varies by age). Retirement Gold offers a Fixed Interest Account and Multiple Equity Index Options.
Available in states: AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NM, NC, ND, RI, SD, TN, VT, VA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
1% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
10% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate
Point to Point
Annual
Monthly average
15% Participation
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Annual
Monthly average
1.75% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
1.75% Cap
1-Year Bond Yield PTP Cap with Spread
Point to Point
Annual
4.65% Cap
2% Spread
1-Year S&P 500 Dividend Aristocrats DRC 5% TR PTP Spread
Point to Point
Annual
5% Spread
1-Year S&P 500 PTP Performance Triggered
Performance Triggered
Annual
1.5% Performance triggered

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 13% 12% 12% 11% 10% 9% 8% 7% 6% 4%

Riders

Name Inbuilt Fee
LIBR Option 1 - 6.00% Rollup No 0.90% annually
LIBR Option 2 - 6.00% Rollup & Wellbeing Rider No 1.00% annually
LIBR Option 3 - Bonus Product Indexing Income No 0.90% annually
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
8%
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