American Equity Investment Life Insurance Company

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AssetShield 10

The AssetShield 10 annuity is a great choice for those planning a secure retirement. With its clear guarantees and lifetime income options, worrying about your financial future becomes a thing of the past.

This annuity also offers a unique feature - the option to tap into your money during emergencies. Coupled with its steady growth potential, AssetShield 10 truly looks after your nest egg.

AssetShield 10

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

10 Years

Surrender schedule

12%

11%

10%

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$5,000

Maximum Contribution

$1,500,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, NQ Stretch, and TSP

Launch Date

10/09/2018

AssetShield 10 is a Flexible Premium Deferred Annuity designed to help protect hard-earned dollars from index fluctuations while offering interest growth opportunities based on increases in an index.

Money access options and features with the AssetShield 10 there is always access to money in the annuity. American Equity provides withdrawal flexibility and a variety of liquidity options.

Performance Rate Rider
More options for magnified growth potential. In exchange for a fee, this rider provides the opportunity to increase the cap, participation rate, or replacement rate on elected index-linked crediting strategies. The rider fee is locked-in for the surrender charge schedule and deducted on the last day of each term.
Rider Charge - Account Fee
The rider charge is the amount deducted on the last day of each indexed strategy term from each indexed strategy to which the rider is applied. To calculate the rider charge, the rider fee (1.5% for monthly and annual point-to-point strategies and 3% for 2-year point to point strategies) is multiplied by the strategy value of the corresponding indexed strategy on the first day of each term. The rider fee will not change during the surrender charge period and will never be more than the maximum rider fee of 3%.

Please take note that the fee shown for the 2-year enhanced Indexed Crediting Strategies is applied every single year, which is 1.5% annually. Therefore, that is a biennial fee of 3.00% for the whole term as declared in the interest rates (Product fact sheets).

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 S&P 500 PTP NeXt Monthly Sum Replacement Rate	NeXt Annual Monthly sum	0.1% Cap
1-Year S&P 500 PTP NeXt Monthly Sum Replacement Rate	NeXt Annual Monthly sum	1.2% Cap
1-Year Fixed Account	Fixed	3% Fixed
1-Year BlackRock Adaptive U.S. Equity 7% PTP Participation Rate	Point to Point Annual	115% Participation
1-Year BlackRock Adaptive U.S. Equity 7% PTP Participation Rate	Point to Point Annual	185% Participation
2-Year BlackRock Adaptive U.S. Equity 7% PTP Participation Rate	Point to Point Biennial	160% Participation
2-Year BlackRock Adaptive U.S. Equity 7% PTP Participation Rate	Point to Point Biennial	250% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	3.1% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	10.5% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	60% Participation
2-Year SG Global Sentiment PTP Participation Rate	Point to Point Biennial	325% Participation
1-Year SG Global Sentiment PTP Participation Rate	Point to Point Annual	205% Participation
2-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Biennial	325% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Annual	205% Participation
2-Year UBS Tech Edge PTP Participation Rate	Point to Point Biennial	325% Participation
1-Year UBS Tech Edge PTP Participation Rate	Point to Point Annual	205% Participation
2-Year BofA Destinations PTP Participation Rate	Point to Point Biennial	325% Participation
1-Year BofA Destinations PTP Participation Rate	Point to Point Annual	205% Participation
2-Year SG Global Sentiment PTP Participation Rate	Point to Point Biennial	200% Participation
1-Year SG Global Sentiment PTP Participation Rate	Point to Point Annual	120% Participation
2-Year UBS Tech Edge PTP Participation Rate	Point to Point Biennial	200% Participation
1-Year UBS Tech Edge PTP Participation Rate	Point to Point Annual	120% Participation
2-Year BofA Destinations PTP Participation Rate	Point to Point Biennial	200% Participation
1-Year BofA Destinations PTP Participation Rate	Point to Point Annual	120% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Annual	120% Participation
2-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Biennial	200% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	40% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	8.5% Cap

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	12%	12%	11%	10%	9%	8%	7%	5%	4%	2%

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

Name	Inbuilt	Fee
Rate Integrity Rider	Yes

Waivers

Death

The Death Benefit is paid with no Surrender Charges.

Enhanced Benefit

This rider provides both a qualified nursing care benefit and terminal illness benefit. After the first contract year, a one-time free withdrawal of up to 100% of the contract value is allowed if 1) the owner is confined to a qualified nursing care facility for a minimum of 90 days and confinement begins after the contract issue date; OR 2) the owner is diagnosed with a terminal illness after the contract is issued. Written proof is required. Included automatically for ages 75 and under for AssetSheild Series.

Premium Notes

Minimum Premium:

$5,000

Maximum Premium:

18-69: $1,500,000
70-74: $1,000,000
75-80: $750,000

Contract owners must choose how to allocate the initial premium. Additional premium payments can be made subject to our approval. Additional premiums are automatically allocated to the Fixed Interest Strategy and may be subject to different rates. The contract values may be reallocated between strategies on the contract anniversary, subject to a minimum allocation value of $1,000 each.
Additional premium payments can be added either lump sum or systematic whenever.

Note: TSP funds have to be rolled into an IRA.

Withdrawal Provisions

Penalty-Free Withdrawals 10% of Contract Value Annually, Starting Year 2. Systematic Withdrawal of interest only from the Fixed Value, available after 30 days. For Cumulative withdrawals, American Equity allows 10% of the contract value after the 1st contract year. The free withdrawal percentage is never more than 10%.Death Benefit Proceeds are paid to the surviving joint owner. If there is no surviving joint owner, the Death Benefit is paid to the named beneficiary(ies) with no Surrender Charges. Generally paid in the lump sum, other payment options are also available.

Company Founded: 1995

Excellent Rated Company

American Equity Investment Life Insurance Company

Company Ratings

4.5