Fixed index annuity review and rates

Personal Choice Plus (CA, FL Only)

Sentinel Personal Choice Plus annuity provides flexibility by allowing the selection of optional riders to a 5 year, single premium, a deferred annuity with three different indexing strategies, in addition to a fixed account. 
Available in states: CA, and FL

Allocation Accounts

Name Type Rates
5-Years Fixed Account
Fixed
2.6% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
4.1% Cap
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Annual
Monthly average
4.2% Cap
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
Penalty 10% 9% 8% 7% 5%

Riders

Name Inbuilt Fee
Preferred 10% Free Withdrawal - 0.08% fee No 0.08% annually
Required Minimum Distribution - 0.16% fee No 0.16% annually
Accumulated Interest Withdrawal - 0.08% fee No 0.08% annually
Death Benefit Feature CA, FL Yes None
Sentinel Security Life Insurance Company
Founded: 1948
A.M. Best: B++
S&P: B++
Carrier details
Free withdrawal
0%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$5,000
Types of funds
Non-Qualified, 401k, IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, 1035 Exchange, Stretch IRA, Inherited IRA, and TSP