Fixed index annuity review and rates
Indextra Series 10
The Indextra Series of products (Indextra) is issued by Integrity Life Insurance Company (Integrity Life). It is a single premium deferred fixed indexed annuity that earns interest based on changes in a market index, which measures how markets or parts of markets perform.
Guaranteed Minimum Accumulation Value
If your account value is less than the GMAV at the end of the index year immediately following the end of your withdrawal charge period, we will increase your account value to the GMAV. The GMAV is the premium, less voluntary reductions, including any withdrawal charges, less any rider charges, multiplied by an enhancement factor. The enhancement factor is 110% for the 10-year withdrawal charge period. After the enhancement, the account value may fall below the GMAV if the interest earned is less than GLWB rider charges.
Guaranteed Minimum Accumulation Value
If your account value is less than the GMAV at the end of the index year immediately following the end of your withdrawal charge period, we will increase your account value to the GMAV. The GMAV is the premium, less voluntary reductions, including any withdrawal charges, less any rider charges, multiplied by an enhancement factor. The enhancement factor is 110% for the 10-year withdrawal charge period. After the enhancement, the account value may fall below the GMAV if the interest earned is less than GLWB rider charges.
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 |
Fixed
|
3.95%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.75%
Cap
|
| 1-Year GS Momentum Builder Multi-Asset Class PTP Participation Rate |
Point to Point
Annual
|
140%
Participation
|
| 2-Year GS Momentum Builder Multi-Asset Class PTP Participation Rate |
Point to Point
Biennial
|
200%
Participation
|
| 3-Year GS Momentum Builder Multi-Asset Class PTP Participation Rate |
Point to Point
Triennial
|
250%
Participation
|
| 1-Year J.P. Morgan Strategic Balanced PTP Participation rate |
Point to Point
Annual
|
122%
Participation
|
| 2-Year J.P. Morgan Strategic Balanced PTP Participation rate |
Point to Point
Biennial
|
177%
Participation
|
| 3-Year J.P. Morgan Strategic Balanced PTP Participation rate |
Point to Point
Triennial
|
212%
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% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Indextra GLWB Rider | No | 0.95% annually (1.50% max) |
Integrity Life Insurance Company
Founded:
1888
A.M. Best:
A+
Fitch:
AA
S&P:
A+
Moody's:
Aa3
Brochure
Free withdrawal
10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$15,000
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Stretch IRA, Inherited IRA, NQ Stretch, and TSP