American Equity Investment Life Insurance Company

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IncomeShield 7 (CA Only)

IncomeShield 7 is a great way to guarantee a steady income for your retirement. It offers dependable payouts, keeping you financially secure during your golden years. It's a wonderful tool for those planning ahead.

If you're in California, this annuity is a solid choice. With brochure details emphasizing on its security and reliability, IncomeShield 7 can help make your retirement a stress-free period.

IncomeShield 7 (CA Only)

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About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

7 Years

Surrender schedule

8.3%

8.25%

7.25%

6.25%

5.2%

4.2%

3.1%

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

03/19/2018

IncomeShield 7 is a fixed index annuity designed to help protect hard-earned dollars from index fluctuations while offering interest growth opportunities based on increases in an index.

Please note five Lifetime Income Benefit Rider options with and without fees are available for this product. The client may choose ONE option only. A product without any rider is available separately.

Available in states: CA

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	1.7% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	2.75% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Cap	Point to Point Annual	4.5% Cap
1-Year S&P 500 Dividend Aristocrats DRC 5% ER PTP Participation Rate	Point to Point Annual	65% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	10% Participation
1-Year BofA Destinations PTP Participation rate	Point to Point Annual	75% Participation
1-Year SG Global Sentiment PTP Participation rate	Point to Point Annual	75% Participation
1-Year UBS Tech Edge PTP Participation rate	Point to Point Annual	80% Participation
1-Year BlackRock Adaptive U.S. Equity 5% PTP Participation Rate	Point to Point Annual	80% Participation

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

See if this annuity ranks in your top 3 for Ohio

Investment Amount

Riders

Name	Inbuilt	Fee
IncomeShield LIBR - CA Option 1 - 4.00% Rollup	Yes
IncomeShield LIBR CA - Option 3 - 6.5% Rollup	Yes	1.10% annually
IncomeShield LIBR CA Option 2 - 8.25% Rollup	Yes	1.10% annually
IncomeShield LIBR - CA Option 4 - 8.25% Rollup & Wellbeing Rider	Yes	1.20% annually
IncomeShield LIBR - CA Option 5 - 6.5% Rollup & Wellbeing Rider	Yes	1.20% annually

Waivers

Death

No Surrender Charges at Death

Premium Notes

Minimum Premium:

$5,000

Maximum Premium:

40-69: $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

Free WithdrawalsThis is an opportunity each year (after the ﬁrst contract year) to take Free Withdrawals up to 10% of the Contract Value. 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%.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