Fixed index annuity review and rates

Nassau Bonus Annuity (Group B)

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: AK, CT, DE, FL, GA, HI, KY, LA, MN, MO, MT, OH, OR, PA, RI, SC, TX, UT, VA, WA, and WI

Allocation Accounts

Name Type Rates
1-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Annual
62% Participation
2-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Biennial
112% Participation
1-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Annual
85% Participation
2-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Biennial
151% Participation
1-Year Fixed Account
Fixed
3.25% Fixed
2-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Biennial
44% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.65% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
35% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
44% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
40% Participation
2-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Biennial
55% Participation
1-Year Nasdaq-100 PTP Participation Rate
Point to Point
Annual
23% Participation
2-Year Nasdaq-100 PTP Participation Rate
Point to Point
Biennial
33% Participation
1-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Annual
30% 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%
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