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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

American Select 10 Bonus Plus

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Highlights

American Select Bonus Plus Earn an even larger bonus to maximize your upfront earnings potential (small annual policy fee applies).

Interest Bonus: An additional amount added to your Contract Value as interest at your 10th anniversary, if no voluntary withdrawals were made up to that point. If no withdrawals other than RMDs - 3.0% of Contract Value at the end of 10th Year. 
Available in states: AZ, CO, DC, FL, GA, HI, ID, IL, IN, IA, KS, LA, MI, MO, MT, NE, NV, NM, ND, OH, OK, OR, SD, TX, and UT
Type
Fixed Index
Purpose Accumulation
Premium Bonus
20%
Term
10 Years
Surrender schedule
9%8.1%7.2%6.3%5.4%4.5%3.6%2.7%1.8%0.9%
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
10/07/2019
Minimum contribution
$20,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, 401k, IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and 1035 Exchange
Brochure
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Find out if the American Select 10 Bonus Plus is the right product for you.

Withdrawal Provisions

Liquidity
Beginning in the second contract year, during the Surrender Charge Period, We will waive any Surrender Charge and Market Value Adjustment on Partial Withdrawals or Surrenders in a contract year up to a cumulative amount that does not exceed the greater of:
1. 10% of the Contract Value as of the last Contract Anniversary date; or 
2. The Required Minimum Distribution, as calculated under the Internal Revenue Code, as if the Contract were the only assets in Your Traditional IRA Program. 
If a Partial Withdrawal or full Surrender exceeds the above limitation, the Surrender Charge and the Market Value Adjustment will apply to the excess amount. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.8% Fixed
2-Year Janus SG Guidance Index Value Lock PTP Participation Rate
Point to Point
Biennial
85% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
110% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.75% Cap
2-Year GS Xenith PTP Participation Rate
Point to Point
Biennial
200% Participation
1-Year GS Xenith PTP Participation Rate
Point to Point
Annual
150% Participation
1-Year S&P 500 ESG PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P 500 ESG PTP Cap
Point to Point
Annual
5% Cap

Surrender schedule

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

Riders

Name Inbuilt Fee
American Select 10 Bonus Plus Fee Rider Yes 0.80% annually (0.00% after 10 years)

Waivers

Annuitization

After the fifth Contract Anniversary, no Surrender Charge will be applied to a withdrawal or surrender that is applied to an Annuitization with a payout of at least 5 years. MVA will still apply. For the Bonus and Bonus Plus plans, only the portion of the Enhanced Interest Credit that has vested, and any interest accured on the vested portion, will be included in the Contract Value applied to Annuitization.

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