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Synergy Choice Max 5

Retire comfortably with the Synergy Choice Max 5 annuity product. It offers great flexibility and safety, helping make your future look as sunny as ever. You won't have to fret about anxieties like market downturns!

Its key benefits? You'll get guaranteed income growth each year, with the potential for even more if the markets perform! Retire with peace of mind knowing Synergy Choice Max 5 is there for you.

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

5 Years

Surrender schedule

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, Traditional 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	4.5% Fixed
1-Year S&P 500 PTP Cap with Bailout	Point to Point Annual	9.85% Cap
2-Year S&P 500 PTP Cap	Point to Point Biennial	15.5% Cap
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	143% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	52% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	61% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	95% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	210% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	305% Participation
1-Year Fixed Account	Fixed	4.75% Fixed
2-Year Citi Aria PTP Participation Rate	Point to Point Biennial	150% Participation
1-Year Citi Aria PTP Participation Rate	Point to Point Annual	100% Participation
2-Year GS Grand Prix PTP Participation Rate	Point to Point Biennial	320% Participation
1-Year GS Grand Prix PTP Participation Rate	Point to Point Annual	220% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	65% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	55% Participation
2-Year S&P 500 PTP Cap	Point to Point Biennial	17% Cap
1-Year S&P 500 PTP Cap with Bailout	Point to Point Annual	10.6% Cap
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	12% Cap
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	123% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	47% Participation
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	8.75% Cap
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	16% Cap
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	41% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	50% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	43% Participation
2-Year Nasdaq-100 PTP Cap	Point to Point Biennial	17% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	9.25% Cap
1-Year Invesco QQQ Growth PTP Cap	Point to Point Annual	16% Cap
2-Year Invesco QQQ Growth PTP Participation Rate	Point to Point Biennial	130% Participation
2-Year GS Lexicon Long Short PTP Participation Rate	Point to Point Biennial	110% Participation
1-Year GS Lexicon Long Short PTP Cap	Point to Point Annual	14% Cap
1-Year GS Lexicon Long Short PTP Cap	Point to Point Annual	16% Cap
2-Year GS Lexicon Long Short PTP Participation Rate	Point to Point Biennial	120% Participation
2-Year BlackRock U.S. Equity Bitcoin Balanced Risk 10% PTP Participation Rate	Point to Point Biennial	100% Participation
1-Year BlackRock U.S. Equity Bitcoin Balanced Risk 10% PTP Cap	Point to Point Annual	12.5% Cap
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	7% Performance triggered
2-Year BlackRock U.S. Equity Bitcoin Balanced Risk 10% PTP Participation Rate	Point to Point Biennial	110% Participation
1-Year BlackRock U.S. Equity Bitcoin Balanced Risk 10% PTP Cap	Point to Point Annual	15% Cap
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	7.5% Performance triggered
1-Year T. Rowe Price U.S. Equity 15 PTP Cap	Point to Point Annual	16% Cap
2-Year T. Rowe Price U.S. Equity 15 PTP Participation Rate	Point to Point Biennial	105% Participation
2-Year T. Rowe Price U.S. Equity 15 PTP Participation Rate	Point to Point Biennial	110% Participation
1-Year T. Rowe Price U.S. Equity 15 PTP Cap	Point to Point Annual	18% Cap

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Riders

No Riders for Synergy Choice Max 5 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.

RMD

Required Minimum Distributions withdrawn at least 30 days after the contract has been issued will not be subject to any penalties.

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