Fixed index annuity review and rates

Retirement Stages 7

Like all fixed index annuities (FIAs), Retirement Stages 7 is a fixed index annuity that offers growth potential, principal protection, and income options to help you reach your retirement goals. Your benefits are delivered in two “stages”: 
  1. Growing and protecting your savings while you’re working.
  2. Options for income when you retire.
Available in states: AL, AK, AZ, AR, CA, 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
3.75% Fixed
1-Year First Trust Capital Strength Barclays 5% PTP Participation Rate
Point to Point
150% Participation
1-Year Morgan Stanley Global Opportunities PTP Participation Rate
Point to Point
140% Participation
1-Year S&P 500 PTP Cap
Point to Point
9.5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
35% Participation
1-Year S&P 500 Performance Triggered
Performance Triggered
7.5% Performance triggered

Surrender schedule

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


Name Inbuilt Fee
Return of Premium Rider No 0.40% annually
Delaware Life
Founded: 2013
A.M. Best: A-
Fitch: A-
S&P: A-
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
Types of funds
Non-Qualified, IRA, SEP IRA, and IRA-Roth