Fixed index annuity review and rates

Enhanced Choice Index 10

The Enhanced Choice Index is a single-premium deferred index annuity offering multiple crediting strategies linked to index performance, and a fixed interest account option. Clients choose the combination of indices and crediting options that best align with their financial goals. Enhanced product features give flexibility, adaptability, and access to funds.
There is a choice of a 5, 7, or 10-year surrender-charge period, with no surrender charges thereafter.
Available in states: AL, AK, AZ, AR, 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, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
34% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
52% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
135% Participation
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
190% Participation
1-Year S&P 500 DRC 5% ER PTP Participation Rate
Point to Point
Annual
135% Participation
1-Year S&P 500 DRC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
190% Participation
1-Year S&P 500 ESG DRC 5% ER PTP Participation Rate
Point to Point
Annual
135% Participation
1-Year S&P 500 ESG DRC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
190% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%
The Standard Insurance Company
Founded: 1906
A.M. Best: A
S&P: A
Moody's: A1
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$15,000
Types of funds
Non-Qualified, 401k, IRA, Pension, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and 1035 Exchange