Synergy Choice Max 10: Rates & Review

Highlights

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.

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

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

Type	Fixed Index
Purpose	Accumulation
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	11/07/2022
Minimum contribution	$25,000
Maximum contribution	$1,000,000
Max Age Qualified	90
Types of funds	Non-Qualified, IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, 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Up to 10% of the Contract Value may be withdrawn without any Withdrawal Charge or Market Value Adjustment (MVA) after the first contract anniversary.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.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4.75% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	10.25% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	19.5% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	62% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	72% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	250% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	360% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	115% Participation
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	168% Participation
1-Year Fixed Account	Fixed	5% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	11% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	21% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	65% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	75% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	260% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	375% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	120% Participation
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	175% Participation
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	138% Participation
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	23% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	9.25% Cap
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	18.5% Cap
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	47% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	57% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	50% Participation
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	20% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	10% Cap
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	60% Participation
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	145% Participation
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	30% 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.

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