Fixed index annuity review and rates

Growth Annuity 10 (Group B) Income Benefit

Growth Annuity 10 - Single premium accumulation-focused fixed indexed annuity with guaranteed lifetime withdrawal benefit options.

Note: For basic, non-rider, plan. Riders, as well as Nursing Home and Terminal Illness Waivers, are only available for issue ages 80 and below.
Available in states: AK, CT, DE, FL, GA, HI, ID, IN, KY, LA, MN, MO, MT, NJ, OH, OR, PA, RI, SC, TX, UT, VA, WA, and WI

Allocation Accounts

Name Type Rates
2-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Biennial
183% Participation
2-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Biennial
141% Participation
1-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Annual
80% Participation
1-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Annual
103% Participation
1-Year Fixed Account
Fixed
3.5% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
39% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.5% Cap
2-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Biennial
67% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
49% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
48% Participation
1-Year Nasdaq-100 PTP Participation Rate
Point to Point
Annual
28% Participation
1-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Annual
37% Participation
2-Year Nasdaq-100 PTP Participation Rate
Point to Point
Biennial
37% Participation
2-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Biennial
51% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 10% 9% 8% 7% 6% 5% 4% 3% 2% 1%

Riders

Name Inbuilt Fee
Amplified Income Plus Yes 0.95% annually (1.50% max)
Amplified Income Rider Yes 0.25% annually (0.75% max)
Amplified Income with Rising Income Opportunity Yes 0.25% annually (0.75% max)
Amplified Income Plus with Rising Income Opportunity Yes 0.95% annually (1.50% max)
Nassau Financial Group
Founded: 1851
A.M. Best: B++
S&P: B++
Carrier details
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, Spousal IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP