Fixed index annuity review and rates

Enhanced Choice Index 5

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.

ECI-5 and ECI-7 provide multi-year guaranteed participation rates on some index crediting options: S&P MARC 5% ER, S&P 500 Daily RC 5% ER, and S&P 500 ESG Daily RC 5% ER.
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, 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
32% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
50% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
125% Participation
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
180% Participation
1-Year S&P 500 DRC 5% ER PTP Participation Rate
Point to Point
Annual
125% Participation
1-Year S&P 500 DRC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
180% Participation
1-Year S&P 500 ESG DRC 5% ER PTP Participation Rate
Point to Point
Annual
125% Participation
1-Year S&P 500 ESG DRC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
180% Participation

Surrender schedule

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