Ratings:

A.M. Best A-
Comdex 56

James Alden

Experienced Financial Advisor

25 years

experience

3,712

career consultations

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Synergy Choice Bonus (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.

Synergy Choice Bonus (CA Only)

Your Email

Ratings:

A.M. Best A-
Comdex 56

About Product

Type

Fixed Index

Purpose

Accumulation

Premium Bonus

10%

Term

9 Years

Surrender schedule

8.4%8%7%6%5%4%3%2%1%

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

11/28/2022

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	2.65% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	5.75% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	11.25% Cap
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	83% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	35% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	46% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	59% 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	2.9% Fixed
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	90% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	64% 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	49% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	38% Participation
2-Year S&P 500 PTP Cap	Point to Point Biennial	12.75% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	6.5% Cap
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	6% Cap
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	87% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	39% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	32% Participation
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	10% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	4% Cap
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	11.5% Cap
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	35% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	42% Participation
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	5% Cap
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	8% Cap
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	92% Participation

Surrender schedule

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

Riders

No Riders for Synergy Choice Bonus (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.

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.
Note: Inherited IRA would be rolled over into a New Traditional IRA. If you already have an IRA, you can roll over the inherited assets to another traditional IRA in your name or convert the assets to a Roth IRA. The simplest way to do that is through a direct, trustee-to-trustee transfer from one account to the other or between one IRA custodian and another.

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.

Other Aspida Products

WealthLock Accumulator 7

WealthLock Accumulator 10

Synergy Choice Max 5

Synergy Choice Max 10

Synergy Choice Bonus

Synergy Choice Income

WealthLock Accumulator 5

Synergy Choice Bonus (CA Only)

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