Allianz Life Insurance Company of North America

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Allianz Accumulation Advantage 7

The Allianz Accumulation Advantage 7 is a retiree's best buddy! It diligently works to safeguard your income, ensuring you enjoy your golden years in comfort. It boasts significant growth potential with zero market risks, putting your mind at ease.

Easy to understand and backed by a stellar company reputation, this annuity product not only secures your financial future but also provides options for your beneficiaries. Now that's peace of mind you can bank on!

Allianz Accumulation Advantage 7

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Your State

Investment

Your Gender

Your Age

Retire At

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

7 Years

Surrender schedule

8.5%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$20,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, 401a, IRA Transfer, SEP IRA, KEOGH, IRA-Roth, and TSP

Allianz Accumulation Advantage 7 Annuity is a fixed index annuity (FIA) that offers valuable benefits. In addition to tax-deferred growth potential and death benefit options, it provides:

Accumulation Potential through fixed or indexed interest
Protection of your principal and credited interest from market losses
Flexible Access options including annuity payments or a single lump-sum payment after 7 years

MY (Multi-Year) Point-to-Point Crediting
MY (multi-year) point-to-point crediting methods may be a good choice for clients with a longer time horizon, while still offering short-term control with Index Lock.
MY point-to-point crediting offers two options: a 2-year or 5-year crediting period. And whichever option your clients choose, the participation rates are guaranteed until the end of the crediting period.
But remember that your clients don't have to wait until the end of the crediting period. If they see an index value they like, they can lock in that value with Index Lock.
Please, refer to the official Allianz website for rates and illustrations.

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	4% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	7% Cap
1-Year Bloomberg US Dynamic Balance III ER PTP Participation Rate	Point to Point Annual	150% Participation
1-Year PIMCO Tactical Balanced ER PTP Participation Rate	Point to Point Annual	135% Participation
1-Year S&P 500 Futures ER PTP Participation Rate	Point to Point Annual	40% Participation
2-Year Bloomberg US Dynamic Balance III ER MY PTP Participation Rate	Point to Point Biennial	225% Participation
2-Year PIMCO Tactical Balanced ER MY PTP Participation Rate	Point to Point Biennial	205% Participation
2-Year S&P 500 Futures ER MY PTP Participation Rate	Point to Point Biennial	65% Participation
1-Year Fixed Account	Fixed	4.5% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	9% Cap
1-Year Bloomberg US Dynamic Balance III ER PTP Participation Rate	Point to Point Annual	170% Participation
1-Year PIMCO Tactical Balanced ER PTP Participation Rate	Point to Point Annual	155% Participation
1-Year S&P 500 Futures ER PTP Participation Rate	Point to Point Annual	55% Participation
2-Year Bloomberg US Dynamic Balance III ER MY PTP Participation Rate	Point to Point Biennial	250% Participation
2-Year PIMCO Tactical Balanced ER MY PTP Participation Rate	Point to Point Biennial	230% Participation
2-Year S&P 500 Futures ER MY PTP Participation Rate	Point to Point Biennial	80% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	6.25% Performance triggered
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	7.75% Performance triggered

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

No Riders for Allianz Accumulation Advantage 7 annuity.

Waivers

No Waivers for Allianz Accumulation Advantage 7 annuity.

Premium Notes

Premium Notes
Initial minimum: $20,000, qualified and nonqualified
Maximum premium: $2,000,000 without approval
Additional premium may be accepted through the first 18 months. Flexible premium Payments available via lump sump or systematic payments during funding window (monthly, quarterly, semiannually or annually).

Notes:

Allianz takes TSP (Traditional savings plans) as a direct rollover to an IRA.
Allianz accepts Roth IRA conversions:
While a Roth IRA conversion does create ordinary income in the year of conversion, as long as the distributions from the Roth IRA are qualified, all growth after that is income-tax-free. Generally, if the taxpayer anticipates being subject to higher tax rates in the future than the taxpayer is subject to today, Roth IRA conversions might help the client ultimately have a source of income that is free from income taxes in retirement. Converting a qualified plan or Traditional IRA to a Roth IRA is a taxable event.

Withdrawal Provisions

Free WithdrawalsThe years following any year in which premium is paid and before you take annuity payments, you can take up to 10% of your contract’s paid premium or accumulation value – whichever is greater – each contract year in one or more withdrawals free of withdrawal charges, market value adjustments (MVAs), and penalties. Withdrawals will reduce contract values and the calculation of any death benefits and future annuity payments. Withdrawals will not affect your premium band.

Company Founded: 1896

TOP Rated Company

Allianz Life Insurance Company of North America

Company Ratings

4.4