Fixed index annuity review and rates

Silver Select

The Silver Select is a Single Premium Fixed Indexed Annuity with a 10 year withdrawal charge period and an MVA provision. The Silver Select offers a 4% premium bonus that is calculated as a percentage of your initial premium, it is credited proportionately to your account values at issue, and is eligible to earn interest from day one. The bonus amount, plus any interest earned on that amount vests over a period of 10 years.
Available in states: AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MO, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
4.1% Fixed
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Monthly average
7.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
7.5% Cap

Surrender schedule

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


Name Inbuilt Fee
Silver Select Guaranteed Lifetime Withdrawal Benefit No 0.95% annually
Oxford Life Insurance Company
Founded: 1965
A.M. Best: A
S&P: A
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Premium bonus
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and Inherited IRA