WealthLock Accumulator 5

The WealthLock Accumulator 5 is a reliable option for securing your future. It offers a comforting mix of growth potential and stability, truly living up to its name.

Protected income for life, a level of protection from market downturns, and tax-deferred growth make it a solid choice for those planning retirement.

Compare this annuity with 827 others from 100+ companies

Your State

Investment

Your Gender

Your Age

Retire At

No agent will call you

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

$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

12/11/2023

A single premium deferred fixed index annuity (FIA). WealthLock Accumulator offers principal protection with the opportunity to earn an attractive rate of return that is tied to an index’s performance, without the risks associated with direct investment in the market.

QuarterLock
A unique feature of the 2- and 5-year High Watermark Participation Rate Crediting Strategy is QuarterLock. The QuarterLock feature provides owners four opportunities a year to automatically lock in rising index values. This ensures you earn interest if the index decreases towards the end of your index option term.

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
2-Year Janus SG Lighthouse High Water Mark Participation Rate	High Water Mark Biennial	110% Participation
5-Year Franklin Factors US High Water Mark Participation Rate	High Water Mark 5-Year	230% Participation
5-Year Invesco Peak II High Water Mark Participation Rate	High Water Mark 5-Year	165% Participation
2-Year Franklin Factors US High Water Mark Participation Rate	High Water Mark Biennial	170% Participation
2-Year Invesco Peak II High Water Mark Participation Rate	High Water Mark Biennial	115% Participation
5-Year Janus SG Lighthouse High Water Mark Participation Rate	High Water Mark 5-Year	150% Participation
1-Year Fixed Account	Fixed	3.75% Fixed
1-Year S&P 500 PTP Cap with Bailout	Point to Point Annual	9.25% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	57% Participation
1-Year Invesco Peak II PTP Participation Rate	Point to Point Annual	140% Participation
1-Year Franklin Factors US PTP Participation Rate	Point to Point Annual	205% Participation
1-Year Janus SG Lighthouse PTP Participation Rate	Point to Point Annual	120% Participation
5-Year Janus SG Lighthouse High Water Mark Participation Rate	High Water Mark 5-Year	160% Participation
5-Year Franklin Factors US High Water Mark Participation Rate	High Water Mark 5-Year	245% Participation
2-Year Franklin Factors US High Water Mark Participation Rate	High Water Mark Biennial	180% Participation
2-Year Invesco Peak II High Water Mark Participation Rate	High Water Mark Biennial	125% Participation
5-Year Invesco Peak II High Water Mark Participation Rate	High Water Mark 5-Year	175% Participation
2-Year Janus SG Lighthouse High Water Mark Participation Rate	High Water Mark Biennial	115% Participation
1-Year Fixed Account	Fixed	4% Fixed
1-Year Janus SG Lighthouse PTP Participation Rate	Point to Point Annual	125% Participation
1-Year Franklin Factors US PTP Participation Rate	Point to Point Annual	215% Participation
1-Year Invesco Peak II PTP Participation Rate	Point to Point Annual	150% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	60% Participation
1-Year S&P 500 PTP Cap with Bailout	Point to Point Annual	10% Cap
5-Year BofA USA Growth FC 10 High Water Mark Participation Rate	High Water Mark 5-Year	140% Participation
5-Year S&P Global Diversified 7.5% High Water Mark Participation Rate	High Water Mark 5-Year	165% Participation
2-Year BofA USA Growth FC 10 High Water Mark Participation Rate	High Water Mark Biennial	95% Participation
2-Year S&P Global Diversified 7.5% High Water Mark Participation Rate	High Water Mark Biennial	115% Participation
1-Year iShares Gold Trust PTP Cap	Point to Point Annual	10% Cap
1-Year iShares U.S. Real Estate ETF PTP Cap	Point to Point Annual	10% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	8% Cap
1-Year iShares MSCI EAFE ETF PTP Cap	Point to Point Annual	9% Cap
1-Year S&P Global Diversified 7.5% PTP Participation Rate	Point to Point Annual	140% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	40% Participation
1-Year BofA USA Growth FC 10 PTP Participation Rate	Point to Point Annual	115% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	7.25% Performance triggered
1-Year Nasdaq-100 Performance Trigger	Performance Triggered Annual	7.5% Performance triggered
2-Year BofA USA Growth FC 10 High Water Mark Participation Rate	High Water Mark Biennial	100% Participation
5-Year BofA USA Growth FC 10 High Water Mark Participation Rate	High Water Mark 5-Year	145% Participation
5-Year S&P Global Diversified 7.5% High Water Mark Participation Rate	High Water Mark 5-Year	175% Participation
2-Year S&P Global Diversified 7.5% High Water Mark Participation Rate	High Water Mark Biennial	125% Participation
1-Year iShares MSCI EAFE ETF PTP Cap	Point to Point Annual	10% Cap
1-Year iShares U.S. Real Estate ETF PTP Cap	Point to Point Annual	11% Cap
1-Year S&P Global Diversified 7.5% PTP Participation Rate	Point to Point Annual	150% Participation
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	45% Participation
1-Year BofA USA Growth FC 10 PTP Participation Rate	Point to Point Annual	120% Participation
1-Year iShares Gold Trust PTP Cap	Point to Point Annual	11% Cap
1-Year Nasdaq-100 PTP Cap	Point to Point Annual	8.5% Cap
1-Year Nasdaq-100 Performance Trigger	Performance Triggered Annual	8% Performance triggered
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	7.75% Performance triggered

Surrender schedule

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

Riders

No Riders for WealthLock Accumulator 5 annuity.

Waivers

Death

If you are the owner/annuitant and die before the maturity date, your named beneficiaries will receive the full Contract Value, with no Withdrawal Charges or MVA.

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. The nursing home waiver does not include home health care.

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

Required Minimum Distributions Required Minimum distribution from your tax-qualified IRA available after 30 days, all other withdrawals available beginning year two. Penalty-Free Withdrawals Up to 10% of the Contract Value may be withdrawn without any Withdrawal charges or Market Value Adjustment (MVA) after the first contract anniversary. Market Value Adjustment (MVA) Subject to the exceptions stated in the contract, an MVA will be applied if part or all of the Contract Value is withdrawn. The MVA can be positive or negative.

Company Founded: 2021

Excellent Rated Company

Aspida Life Insurance Company

Company Ratings

4.3