American Equity Investment Life Insurance Company

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AssetShield 5

The AssetShield 5 is a fantastic product for all those looking for stability post-retirement. Offering protection for your hard-earned savings, this annuity gives peace of mind, growing your assets steadily.

Its flexibility and trustworthiness make it an attractive plan for a worry-free future. The brochure boasts of features like a protected income and potential for gains, making retirement not just secure but also comfortable!

AssetShield 5

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

5 Years

Surrender schedule

9.2%

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 5 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 AssetShield 5, 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%.

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 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	2.35% Fixed
1-Year BlackRock Adaptive U.S. Equity 7% PTP Participation Rate	Point to Point Annual	165% Participation
1-Year BlackRock Adaptive U.S. Equity 7% PTP Participation Rate	Point to Point Annual	105% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2.7% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	8.5% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
1-Year SG Global Sentiment PTP Participation Rate	Point to Point Annual	160% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Annual	170% Participation
1-Year UBS Tech Edge PTP Participation Rate	Point to Point Annual	155% Participation
1-Year BofA Destinations PTP Participation Rate	Point to Point Annual	165% Participation
1-Year SG Global Sentiment PTP Participation Rate	Point to Point Annual	105% Participation
1-Year UBS Tech Edge PTP Participation Rate	Point to Point Annual	105% Participation
1-Year BofA Destinations PTP Participation Rate	Point to Point Annual	105% Participation
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Annual	105% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	30% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.8% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	6.5% Cap

Surrender schedule

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

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

Unavailable in states: CA

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
81-85: $500,000

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

WithdrawalsWithdrawals can be made from the annuity contract any time before the maturity date of the contract. Free withdrawals of up to 10% of the contract value are allowed each contract year beginning in year two. Free withdrawals are not subject to withdrawal charges. Withdrawal charges will apply to withdrawals taken in excess of the free withdrawal amount. Any withdrawal from the contract will result in a reduction of the contract values. Systematic Withdrawal of interest only from the Fixed Value, available after 30 days.

Company Founded: 1995

Excellent Rated Company

American Equity Investment Life Insurance Company

Company Ratings

4.5