Synergy Choice Bonus 5 (CA Only)

Created in 2021 by a group of industry experts, the Aspida Life Insurance Company is an important provider of annuity and retirement planning solutions. A subsidiary of Ares Management Corp., a global alternative investment manager, the company targets the retirement market by offering all sorts of annuities, life insurance, and personalized services to retirees. With a financial strength rating of A- from A.M. Best and Fitch Ratings, the company has been continuously expanding over the last couple years despite being formed quite recently.

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Your State

Investment

Your Gender

Your Age

Retire At

No agent will call you

About Product

Type

Fixed Index

Purpose

Accumulation

Premium Bonus

Term

5 Years

Surrender schedule

8.4%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and TSP

Launch Date

12/02/2024

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: CA

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	2.6% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	6.25% Cap
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	9% Cap
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	86% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	32% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	26.5% Participation
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	8.5% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	4.5% Cap
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	195% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	140% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	57% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	36% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	30% Participation
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	89% Participation
2-Year S&P 500 PTP Cap	Point to Point Biennial	11.25% Cap
1-Year Fixed Account	Fixed	2.85% Fixed
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	9.5% Cap
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	29% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	36% Participation
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	5% Cap
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	10% Cap
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	92% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	6.75% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	12.5% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	33% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	40% 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	210% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	62% Participation
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	100% Participation

Surrender schedule

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

Riders

No Riders for Synergy Choice Bonus 5 (CA Only) 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.

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.

Company Founded: 2021

Excellent Rated Company

Aspida Life Insurance Company

Company Ratings

4.3