Fixed index annuity review and rates

Nassau Bonus Annuity (Group A) Income Benefit

Nassau Bonus Annuity is a Single Premium Accumulation-Focused Fixed Indexed Annuity with a Premium Bonus and Guaranteed Lifetime Withdrawal Benefit Options. 
Available in states: AL, AZ, AR, CO, IL, IA, KS, MD, MI, MS, NE, NV, NH, NM, NC, ND, OK, SD, TN, VT, WV, and WY

Allocation Accounts

Name Type Rates
1-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Annual
67% Participation
2-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Biennial
120% Participation
1-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Annual
90% Participation
2-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Biennial
160% Participation
1-Year Fixed Account
Fixed
3.45% Fixed
2-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Biennial
46% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.1% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
37% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
47% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
42% Participation
2-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Biennial
58% Participation
1-Year Nasdaq-100 PTP Participation Rate
Point to Point
Annual
25% Participation
2-Year Nasdaq-100 PTP Participation Rate
Point to Point
Biennial
35% Participation
1-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Annual
32% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 12% 12% 12% 11% 10% 9% 8% 7% 6% 4%

Riders

Name Inbuilt Fee
Bonus Annuity Amplified Income Plus Yes 0.95% annually (1.50% max)
Bonus Annuity Amplified Income Plus with Rising Income Opportunity Yes 0.95% annually (1.50% max)
Nassau Life and Annuity Company
Founded: 1851
A.M. Best: B++
S&P: B++
Carrier details
Free withdrawal
10%
Premium bonus
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