FlexShield 10
Get an annuity today!
Learn how an annuity can provide guaranteed income for life.
Highlights
FlexShield 10 is a Single Premium Deferred Index Annuity. The FlexShield 10 is the next generation of accumulation-focused fixed index annuities, designed to protect Premium from index volatility, while maximizing the potential for growth.
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
|
Type
|
Fixed Index |
|---|---|
| Purpose | Accumulation |
|
Term
|
10 Years |
|
Surrender schedule
|
9.2%9%8%7%6%5%4%3%2%1% |
|
Free withdrawal
|
1st year: 0% 2nd+ year: 10% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Launch date
|
11/15/2021 |
|
Minimum contribution
|
$5,000 |
|
Maximum contribution
|
$1,500,000 |
|
Max Age Qualified
|
80 |
|
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and Inherited IRA |
Brochure
|
Open brochure |
Find out if the FlexShield 10 is the right product for you.
Premium Notes
Minimum Premium:
$5,000
$5,000
Maximum Premium:
18-69: $1,500,000
70-74: $1,000,000
18-69: $1,500,000
70-74: $1,000,000
75-79: $750,000
80: $500,000
Withdrawal Provisions
Free Withdrawal
- Up to 10% of contract value annually, starting year two
- Systematic Withdrawal of interest only from the Fixed Interest Strategy, available after 30 days (beneļ¬t not guaranteed and subject to change)
Performance Value Enhancement Percentages
If FlexShield 10 contract is fully surrendered prior to the end of the strategy term, American Equity will add a performance value enhancement to the contract's surrender value. This enhancement will be equal to any performance value gains multiplied by the performance value enhancement percentage shown on the chart below based on the contract year:
90, 91, 92, 93, 94, 95, 96, 97, 98, 99, 100
If FlexShield 10 contract is fully surrendered prior to the end of the strategy term, American Equity will add a performance value enhancement to the contract's surrender value. This enhancement will be equal to any performance value gains multiplied by the performance value enhancement percentage shown on the chart below based on the contract year:
90, 91, 92, 93, 94, 95, 96, 97, 98, 99, 100
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
3.5%
Fixed
|
| 1-Year SG Global Sentiment PTP Participation Rate with -5% Floor |
Point to Point
Annual
|
185%
Participation
|
| 1-Year S&P 500 PTP Cap with -10% Floor |
Point to Point
Annual
|
13%
Cap
|
| 1-Year S&P 500 PTP Cap with -5% Floor |
Point to Point
Annual
|
10%
Cap
|
| 1-Year S&P 500 PTP Cap with -2.5% Floor |
Point to Point
Annual
|
8.5%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.5%
Cap
|
| 1-Year S&P 500 PTP Cap with -15% Floor |
Point to Point
Annual
|
17%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -10% Floor |
Point to Point
Annual
|
35%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -5% Floor |
Point to Point
Annual
|
25%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -2.5% Floor |
Point to Point
Annual
|
19%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap |
Point to Point
Annual
|
16%
Cap
|
| 1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap with -15% Floor |
Point to Point
Annual
|
40%
Cap
|
| 1-Year SG Global Sentiment PTP Participation Rate with -10% Floor |
Point to Point
Annual
|
205%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate with -15% Floor |
Point to Point
Annual
|
235%
Participation
|
| 1-Year SG Global Sentiment PTP Participation Rate with -2.5% Floor |
Point to Point
Annual
|
155%
Participation
|
| 1-Year SG Global Sentiment PTP Participation Rate |
Point to Point
Annual
|
130%
Participation
|
| 1-Year SG Global Sentiment PTP Participation Rate with -15% Floor |
Point to Point
Annual
|
235%
Participation
|
| 1-Year UBS Tech Edge PTP Participation Rate with -10% Floor |
Point to Point
Annual
|
210%
Participation
|
| 1-Year UBS Tech Edge PTP Participation Rate with -5% Floor |
Point to Point
Annual
|
190%
Participation
|
| 1-Year UBS Tech Edge PTP Participation Rate with -2.5% Floor |
Point to Point
Annual
|
160%
Participation
|
| 1-Year UBS Tech Edge PTP Participation Rate |
Point to Point
Annual
|
135%
Participation
|
| 1-Year UBS Tech Edge PTP Participation Rate with -15% Floor |
Point to Point
Annual
|
240%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate with -10% Floor |
Point to Point
Annual
|
205%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate with -5% Floor |
Point to Point
Annual
|
185%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate with -2.5% Floor |
Point to Point
Annual
|
155%
Participation
|
| 1-Year BofA Destinations PTP Participation Rate |
Point to Point
Annual
|
130%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
No Riders for FlexShield 10 annuity.
Waivers
Death
No Surrender Charges at death
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 FlexShield 10.
Ready to Protect Your Financial Future?
Request a free quote or talk to our financial expert to get help