Synergy Choice Bonus 10 (CA Only)
If you're in California and planning for a worry-free retirement, look no more! The Synergy Choice Bonus Annuity creates peace of mind, delivering secure and steady income.
The product boasts of great features like bonus-interest-carryover, which means your earnings grow over time. It promises to keep your sunrise years bright and delightful!
About Product
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.4%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
6.25%
Cap
|
| 2-Year S&P 500 PTP Cap |
Point to Point
Biennial
|
10.25%
Cap
|
| 2-Year Citi Aria PTP Participation Rate |
Point to Point
Biennial
|
78%
Participation
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
27%
Participation
|
| 2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
33%
Participation
|
| 1-Year Citi Aria PTP Participation Rate |
Point to Point
Annual
|
54%
Participation
|
| 1-Year GS Grand Prix PTP Participation Rate |
Point to Point
Annual
|
135%
Participation
|
| 2-Year GS Grand Prix PTP Participation Rate |
Point to Point
Biennial
|
190%
Participation
|
| 1-Year Fixed Account |
Fixed
|
2.65%
Fixed
|
| 2-Year Citi Aria PTP Participation Rate |
Point to Point
Biennial
|
85%
Participation
|
| 1-Year Citi Aria PTP Participation Rate |
Point to Point
Annual
|
59%
Participation
|
| 2-Year GS Grand Prix PTP Participation Rate |
Point to Point
Biennial
|
205%
Participation
|
| 1-Year GS Grand Prix PTP Participation Rate |
Point to Point
Annual
|
145%
Participation
|
| 2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
37%
Participation
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
30%
Participation
|
| 2-Year S&P 500 PTP Cap |
Point to Point
Biennial
|
11.5%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7%
Cap
|
| 1-Year Invesco QQQ Growth PTP Cap |
Point to Point
Annual
|
7.5%
Cap
|
| 2-Year Invesco QQQ Growth PTP Participation Rate |
Point to Point
Biennial
|
81%
Participation
|
| 2-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Biennial
|
34%
Participation
|
| 1-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Annual
|
27.5%
Participation
|
| 2-Year Nasdaq-100 PTP Cap |
Point to Point
Biennial
|
9.5%
Cap
|
| 1-Year Nasdaq-100 PTP Cap |
Point to Point
Annual
|
4%
Cap
|
| 2-Year Nasdaq-100 PTP Cap |
Point to Point
Biennial
|
10.5%
Cap
|
| 1-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Annual
|
30%
Participation
|
| 2-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Biennial
|
37%
Participation
|
| 1-Year Nasdaq-100 PTP Cap |
Point to Point
Annual
|
4.75%
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
|
87%
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 10 (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.
- A.M. Best A-
- Comdex 56
