Fixed index annuity review and rates
Personal Protection Choice (Group A)
The Personal Protection Choice is a fixed indexed annuity designed to address your specific retirement needs:
- Generate Guaranteed Lifetime Income with an optional rider.
- Add Protection for Care and Family to customize your annuity.
- Participate in Market Growth to accumulate more retirement savings.
Nassau Personal Protection Choice offers a choice of optional guaranteed lifetime withdrawal benefit riders that can provide a stream of income for life. Whether you want to begin your guaranteed income immediately or at a future date, each rider offers competitive income enhancing features to maximize your potential guaranteed benefits. Your guaranteed income amount will depend on your Benefit Base, age at issue, age at rider exercise and whether you elect a Single or Spousal benefit.
Available in states:
AL, AZ, AR, CO, DC, GA, HI, IN, IA, KS, MD, MI, NE, NV, NM, NC, ND, OK, RI, SD, TN, and WV
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Sunrise Smart Passage SG Participation Rate |
Nassau Sunrise
Annual
|
63%
Participation
|
| 1-Year Sunrise Smart Passage SG Enhanced Participation Rate |
Nassau Sunrise
Annual
|
86%
Participation
|
| 2-Year Sunrise Smart Passage SG Participation Rate |
Nassau Sunrise
Biennial
|
113%
Participation
|
| 2-Year Sunrise Smart Passage SG Enhanced Participation Rate |
Nassau Sunrise
Biennial
|
155%
Participation
|
| 1-Year Fixed Account (MD Only) |
Fixed
|
2.75%
Fixed
|
| 1-Year Fixed Account (Most States) |
Fixed
|
2.75%
Fixed
|
| 1-Year S&P 500 PTP Enhanced Participation Rate |
Point to Point
Annual
|
36%
Participation
|
| 2-Year S&P 500 PTP Enhanced Participation Rate |
Point to Point
Biennial
|
51%
Participation
|
| 1-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Annual
|
21%
Participation
|
| 1-Year Nasdaq-100 PTP Enhanced Participation Rate |
Point to Point
Annual
|
30%
Participation
|
| 2-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Biennial
|
31%
Participation
|
| 2-Year Nasdaq-100 PTP Enhanced Participation Rate |
Point to Point
Biennial
|
43%
Participation
|
| 1-Year CSTMAI PTP Spread |
Point to Point
Annual
|
0.75%
Spread
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4.75%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
26%
Participation
|
| 2-Year CSTMAI PTP Spread |
Point to Point
Biennial
|
|
| 2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
37%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.75%
Cap
|
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 |
|---|---|---|
| Income, Care & Family Protection: Today (Age 0-70) | No | 1.15% annually (1.50% max) |
| Income, Care & Family Protection: Tomorrow (Age 0-70) | No | 1.15% annually (1.50% max) |
| Income & Family Protection: Today | No | 1.15% annually (1.50% max) |
| Income & Family Protection: Tomorrow | No | 1.15% annually (1.50% max) |
| Income & Care Protection: Today (Age 71-80) | No | 0.95% annually (1.50% max) |
| Income & Care Protection: Tomorrow (Age 0-70) | No | 0.95% annually (1.50% max) |
| Income, Care & Family Protection: Tomorrow (Age 71-80) | No | 1.15% annually (1.50% max) |
| Income & Care Protection: Tomorrow (Age 71-80) | No | 0.95% annually (1.50% max) |
| Income & Care Protection: Today (Age 0-70) | No | 0.95% annually |
| Income, Care & Family Protection: Today (Age 71-80) | No | 1.15% annually (1.50% max) |
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, Spousal IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP