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Synergy Choice Max 10

The Synergy Choice Max 10 annuity is a fantastic choice for those investing in their future. It guarantees a stable income throughout your retirement years, so you'll never have to worry about finances on your golden days.

Its key benefits, according to the brochure, include generous returns and inflation protection. This annuity grows your wealth while preserving your purchasing power. A truly smart and reliable choice!

Compare this annuity with 827 others from 100+ companies

Your State

Investment

Your Gender

Your Age

Retire At

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

10 Years

Surrender schedule

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

11/07/2022

When it comes to planning for retirement, there are many strategies to help you reach your goals. Synergy Choice Max 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, CA, 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

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3.75% Fixed
1-Year S&P 500 PTP Cap with Bailout	Point to Point Annual	9.25% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	16.5% Cap
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	51% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	195% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	270% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	85% Participation
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	133% Participation
1-Year Fixed Account	Fixed	4% Fixed
1-Year S&P 500 PTP Cap with Bailout	Point to Point Annual	10% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	18% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	55% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	205% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	285% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	90% Participation
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	140% Participation
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	113% Participation
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	12% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	7% Cap
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	12% Cap
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	36% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	45% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	38% Participation
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	13% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	7.5% Cap
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	48% Participation
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	120% Participation
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	17% 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 Max 10 annuity.

Waivers

Bail-Out

You have the option of withdrawing your Contract Value if the S&P500 annual point-to-point cap renewal rate falls below the stated bailout cap rate at contract issue.

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

Ownership Requirements
Owner must be the annuitant, except when a trust is the owner.

Withdrawal Provisions

Penalty-Free Withdrawals Up to 10% of the Contract Value may be withdrawn without any Withdrawal Charge or Market Value Adjustment (MVA) after the first contract anniversary. Required Minimum Distributions (RMD) RMDs from your tax-qualified IRA available after 30 days. All other withdrawals are available at the beginning of year two.

Company Founded: 2021

Excellent Rated Company

Aspida Life Insurance Company

Company Ratings

4.3