Reliance Accumulator 10
Get an annuity today!
Learn how an annuity can provide guaranteed income for life.
Highlights
Your annuity will earn interest based upon the allocation of your premium to one or more of the different Index Interest Strategies and/or the Fixed Interest Strategy. At time of withdrawal, surrender or election of a settlement option, your annuity value will be the greater of
1) the Annuity Value—the sum of the Index Interest Strategies and the Fixed Interest Strategy, less early withdrawal charges,
2) the premium paid less withdrawals and early withdrawal charges, or
3) the Minimum Contract Value —the premium multiplied by the non-forfeiture rate (87.5%) accumulated annually at the non-forfeiture interest rate.
1) the Annuity Value—the sum of the Index Interest Strategies and the Fixed Interest Strategy, less early withdrawal charges,
2) the premium paid less withdrawals and early withdrawal charges, or
3) the Minimum Contract Value —the premium multiplied by the non-forfeiture rate (87.5%) accumulated annually at the non-forfeiture interest rate.
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
|
Type
|
Fixed Index
|
|---|---|
|
Term
|
10 Years |
|
Surrender schedule
|
9%8%7%6%5%4%3%2%1%0.5% |
|
Free withdrawal
|
10% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Minimum contribution
|
$20,000 |
|
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, Inherited IRA, and TSP |
Brochure
|
Open brochure |
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
4.5%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
10.5%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
57%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Cap |
Point to Point
Annual
Monthly average
|
11%
Cap
|
| 1-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Annual
|
205%
Participation
|
| 1-Year S&P MARC 5% ER PTP Participation Rate with Spread |
Point to Point
Annual
|
225%
Participation
1%
Spread
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% | 1% |