Fixed index annuity review and rates

Reliance Accumulator 5 Index Annuity

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. 
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

Allocation Accounts

Name Type Rates
1-Year Fixed Account
4.8% Fixed
1-Year S&P 500 PTP Cap
Point to Point
9.5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
40% Participation
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Monthly average
9.75% Cap
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
200% Participation
1-Year S&P MARC 5% ER PTP Participation Rate with Spread
Point to Point
220% Participation
1% Spread

Surrender schedule

Year 1 2 3 4 5
Penalty 8% 8% 7% 6% 5%
Reliance Standard Life Insurance Company
Founded: 1907
A.M. Best: A++
S&P: A++
Moody's: A2
Carrier details
Free withdrawal
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA-Roth, Inherited IRA, and TSP