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)
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