Synergy Choice Bonus: Rates & Review

Highlights

When it comes to planning for retirement, there are many strategies to help you reach your goals. Synergy Choice Bonus from Aspida Life Insurance Company can be a valuable part of your retirement portfolio for a number of reasons.

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, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Type	Fixed Index
Purpose	Accumulation
Premium Bonus	10%
Term	10 Years
Surrender schedule	9%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	11/28/2022
Minimum contribution	$25,000
Maximum contribution	$1,000,000
Max Age Qualified	80
Types of funds	Non-Qualified, IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, Inherited IRA, and TSP
Brochure	Open brochure

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Premium Notes

Plan Types
May be issued as Non-Qualified, Traditional IRA, or Roth IRA
Accepts rollovers from qualified plans, 457 plans, IRAs, Simplified Employee Pension (SEP) plans, 403(b) plans, and SIMPLE IRAs

Withdrawal Provisions

Penalty-Free Withdrawals
Up to 10% of the Accumulated Value may be withdrawn without any Withdrawal Charge or Market Value Adjustment (MVA) after the first contract anniversary.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	6.5% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	12.75% Cap
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	93% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	42% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	53% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	65% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	150% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	205% Participation
1-Year Fixed Account	Fixed	3.25% Fixed
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	100% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	70% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	220% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	160% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	56% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
2-Year S&P 500 PTP Cap	Point to Point Biennial	14.25% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	7.25% Cap

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 Synergy Choice Bonus annuity.

Waivers

Nursing Home

You can withdraw up to 100% of your annuity’s Contract Value if you are confined to an eligible Nursing Home. This benefit is available if you are confined for at least 90 consecutive days any time after your first Contract Anniversary and meet eligibility requirements. No Withdrawal Charge or MVA will be applied if you qualify for this benefit. To receive the Nursing Home Waiver, you cannot be confined on the Contract Effective Date.

Terminal Illness

You can withdraw up to 100% of your annuity’s Contract Value if you are diagnosed with a terminal illness that is expected to result in death within one year and meet eligibility requirements. No Withdrawal Charge or MVA will be applied if you qualify for this benefit. This waiver is available after your first Contract Anniversary and the initial diagnosis of terminal illness must be made after the Contract Effective Date.

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