Fixed index annuity review and rates

Retirement Chapters 10

Retirement Chapters 10 is a flexible premium, tax-deferred, fixed index annuity for retirement savers who want protection from market losses plus growth potential during their working/saving years, and income guarantees when they retire. 
Available in states: AL, AK, AZ, AR, CA, CO, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, 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
2.75% Fixed
1-Year First Trust Capital Strength Barclays 5% PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year Momentum Asset Allocator 5.5% Volatility PTP Participation Rate
Point to Point
Annual
100% Participation
2-Year Momentum Asset Allocator 5.5% Volatility PTP Participation Rate
Point to Point
Biennial
135% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
25% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
6% Cap

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%
Delaware Life
Founded: 2013
A.M. Best: A-
Fitch: A-
S&P: A-
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Premium bonus
5%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, SEP IRA, and IRA-Roth