Fixed index annuity review and rates

Eagle Select Focus 7

Eagle Select Focus 7 is a Flexible Premium Deferred Index Annuity. The contract value at any time is the sum of all premiums received and interest credited to the contract value, less any withdrawals (including withdrawal charges). Premiums received are allocated between a Fixed Interest Strategy and/ or Indexed Strategies as directed. Interest credits become a part of the contract value once credited, and can never be lost due to index volatility. 
Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, 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
Fixed
3.5% Fixed
2-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Biennial
280% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Annual
200% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
65% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
45% Participation
2-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Biennial
285% Participation
1-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Annual
205% Participation
2-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Biennial
167% Participation
1-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Annual
117% Participation
2-Year Franklin Global Trends PTP Participation Rate
Point to Point
Biennial
270% Participation
1-Year Franklin Global Trends PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year Franklin Global Trends PTP Participation Rate
Point to Point
Biennial
157% Participation
1-Year Franklin Global Trends PTP Participation Rate
Point to Point
Annual
112% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
9% Cap
1-Year S&P 500 PTP Cap for Term
Point to Point
Annual
3.25% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
35% Participation
2-Year S&P 500 PTP Cap
Point to Point
Biennial
18% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
46% Participation
5-Year S&P 500 PTP Cap
Point to Point
5-Year
42% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Annual
117% Participation
2-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Biennial
162% Participation

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 8% 8% 7% 6% 5% 4% 3%
Eagle Life Insurance Company
Founded: 2011
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
$5,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, and Inherited IRA