Fixed index annuity review and rates

WealthChoice 5

As a Fixed Indexed Annuity, WealthChoice offers you many financial perks. 
  • Diversified Savings Tool. You have competitive alternatives designed to perform well in different financial environments with a variety of interest rates. 
  • Tax-Deferred Compounding. The growth power of an annuity may increase significantly throughout the life of your contract. 
  • Protection from Declines. If indexes do decrease, your WealthChoice annuity will not be affected, because our guarantees will mitigate that risk. 
Available in states: AL, AZ, AR, CO, DE, DC, GA, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3% Fixed
1-Year Horizon Ascend 5% PTP Participation Rate
Point to Point
Annual
155% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
10% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
3.5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation

Surrender schedule

Year 1 2 3 4 5
Penalty 9% 8% 7% 6% 5%
United Life Insurance Company
Founded: 1962
A.M. Best: A-
S&P: A-
Carrier details
Free withdrawal
10%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$20,000
Types of funds
Non-Qualified, 401k, IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP