Fixed index annuity review and rates

Synergy Choice Max 10

When it comes to planning for retirement, there are many strategies to help you reach your goals. Synergy Choice Max from Aspida Life Insurance Company can be a valuable part of your retirement portfolio for a number of reasons.

Ownership Requirements
Owner must be the annuitant, except when a trust is the owner.
Available in states: AL, AK, AZ, AR, CO, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, 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
4.85% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
11.75% Cap
2-Year S&P 500 PTP Cap
Point to Point
Biennial
22% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
47% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
60% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
14.75% Cap
2-Year S&P 500 PTP Cap
Point to Point
Biennial
29% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
57% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
75% Participation
1-Year GS Grand Prix PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year GS Grand Prix PTP Participation Rate
Point to Point
Biennial
260% Participation
1-Year GS Grand Prix PTP Participation Rate
Point to Point
Annual
240% Participation
2-Year GS Grand Prix PTP Participation Rate
Point to Point
Biennial
330% Participation
1-Year Citi Aria PTP Participation Rate
Point to Point
Annual
95% Participation
2-Year Citi Aria PTP Participation Rate
Point to Point
Biennial
160% Participation
1-Year Citi Aria PTP Participation Rate
Point to Point
Annual
120% Participation
2-Year Citi Aria PTP Participation Rate
Point to Point
Biennial
205% Participation
1-Year Fixed Account
Fixed
5.1% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
12.5% Cap
2-Year S&P 500 PTP Cap
Point to Point
Biennial
23.25% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
50% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
65% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
15.5% Cap
2-Year S&P 500 PTP Cap
Point to Point
Biennial
30.5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
60% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
80% Participation
1-Year GS Grand Prix PTP Participation Rate
Point to Point
Annual
200% Participation
2-Year GS Grand Prix PTP Participation Rate
Point to Point
Biennial
275% Participation
1-Year GS Grand Prix PTP Participation Rate
Point to Point
Annual
250% Participation
2-Year GS Grand Prix PTP Participation Rate
Point to Point
Biennial
350% Participation
1-Year Citi Aria PTP Participation Rate
Point to Point
Annual
100% Participation
2-Year Citi Aria PTP Participation Rate
Point to Point
Biennial
170% Participation
1-Year Citi Aria PTP Participation Rate
Point to Point
Annual
125% Participation
2-Year Citi Aria PTP Participation Rate
Point to Point
Biennial
212% 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%
Aspida Life Insurance Company
Founded: 2021
A.M. Best: 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
$25,000
Types of funds
Non-Qualified, IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and TSP