Fixed index annuity review and rates

WealthLock Accumulator 10

A single premium deferred fixed index annuity (FIA). WealthLock Accumulator offers principal protection with the opportunity to earn an attractive rate of return that is tied to an index’s performance, without the risks associated with direct investment in the market.
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
5-Year Franklin Factors US High Water Mark Participation Rate
High Water Mark
5-Year
210% Participation
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
22.25% 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 Invesco Peak PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year Invesco Peak PTP Participation Rate
Point to Point
Biennial
260% Participation
1-Year Franklin Factors US PTP Participation Rate
Point to Point
Annual
180% Participation
2-Year Franklin Factors US PTP Participation Rate
Point to Point
Biennial
250% Participation
1-Year Janus SG Lighthouse PTP Participation Rate
Point to Point
Annual
120% Participation
2-Year Janus SG Lighthouse PTP Participation Rate
Point to Point
Biennial
165% Participation
5-Year Franklin Factors US PTP Participation Rate
Point to Point
5-Year
380% Participation
5-Year Franklin Factors US High Water Mark Participation Rate
High Water Mark
5-Year
220% 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 Invesco Peak PTP Participation Rate
Point to Point
Annual
200% Participation
2-Year Invesco Peak PTP Participation Rate
Point to Point
Biennial
275% Participation
1-Year Franklin Factors US PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year Franklin Factors US PTP Participation Rate
Point to Point
Biennial
270% Participation
1-Year Janus SG Lighthouse PTP Participation Rate
Point to Point
Annual
125% Participation
2-Year Janus SG Lighthouse PTP Participation Rate
Point to Point
Biennial
175% Participation
5-Year Franklin Factors US PTP Participation Rate
Point to Point
5-Year
410% 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, Inherited IRA, and TSP