Fixed index annuity review and rates

Eagle Select Income Focus

Eagle Select Income Focus is a Flexible Premium Deferred Index Annuity. This annuity is tax-deferred, which means taxes are not paid on the interest it earns until any distribution occurs. Annuity contracts are long-term in nature and are not meant to be used for money one would anticipate needing in the short-term. 
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
2.45% Fixed
2-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Biennial
210% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Annual
150% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
50% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
35% Participation
2-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Biennial
215% Participation
1-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Annual
150% Participation
2-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Biennial
150% Participation
1-Year Invesco Dynamic Growth PTP Participation Rate
Point to Point
Annual
105% Participation
2-Year Franklin Global Trends PTP Participation Rate
Point to Point
Biennial
200% Participation
1-Year Franklin Global Trends PTP Participation Rate
Point to Point
Annual
140% Participation
2-Year Franklin Global Trends PTP Participation Rate
Point to Point
Biennial
145% Participation
1-Year Franklin Global Trends PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
4.5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
25% Participation
2-Year S&P 500 PTP Cap
Point to Point
Biennial
9.25% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
35% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Annual
105% Participation
2-Year S&P 500 Dividend Aristocrats DRC 5% (ER) PTP Participation Rate
Point to Point
Biennial
150% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Eagle Select Income Focus LIBR Option 1 Yes None
Eagle Select Income Focus LIBR Option 2 Yes 1.00% annually
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