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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.25%
7-Year
6.00%
10-Year
5.80%

Growth Pathway 5

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Highlights

Growth Pathway Fixed Index Annuity is an insurance product that offers protection for your money against a market downturn—with the opportunity for it to capture gains. It enables you to earn interest based on the performance of a specific market index, or a combination of indexes. 
  • Market Downside Protection – Your gains are locked in each year, meaning you can’t lose any of your payments or any credited interest due to market downturns or sudden market swings. 
  • Tax-deferred growth – You’ll have access to crediting strategies to help your money grow - four index options and one fixed account option. You can diversify your annuity by choosing one or a combination of strategies. And you won’t pay taxes on gains until you withdraw them. And the combination of compounded gains and a potentially lower tax bracket after you retire can help make your retirement savings go farther.
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, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Type
Fixed Index
Purpose Accumulation
Term
5 Years
Surrender schedule
9%8%7%6%5%
Free withdrawal
10%
Flexible premium Product Life
Market value adjustment
Return of premium
Launch date
09/13/2021
Minimum contribution
$10,000
Maximum contribution
$1,000,000
Max Age Qualified
80
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, and IRA-Roth
Brochure
Open brochure

Find out if the Growth Pathway 5 is the right product for you.

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Premium Notes

Minimum initial purchase payment
$10,000 for both qualified and nonqualified money; flexible premium deferred annuity.

Subsequent payments
Minimum: $500 
Maximum: Total purchase payments cannot exceed $1M without prior approval.
Additional premiums can be added systematically, monthly, quarterly, annually.
Subsequent payments not permitted after any owner/annuitant has attained age 85. 

Withdrawal Provisions

Free withdrawals
You can take 10% of the total purchase payments during the first contract year. After the first contract year, you may take 10% of the last contract anniversary value. Both options are free of surrender charges and any applicable Market Value Adjustment. You have full access to the account value in your annuity after five or seven years, depending on which product you choose.

Partial or full withdrawals
You have the flexibility, should you need it, to take more than your free withdrawal amount. If you elect to withdraw more, please note that surrender charges and a Market Value Adjustment (MVA) may apply.
 
Required Minimum Distributions (RMDs)
If you are required to take a RMD starting at age 72, and that RMD is more than your 10% free withdrawal, you may take the entire RMD without a surrender charge. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.3% Fixed
1-Year RBA Select Equity Yield CIBC 5% PTP Participation Rate
Point to Point
Annual
170% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
7.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.5% Cap
1-Year First Trust Capital Strength Barclays 10% PTP Participation Rate
Point to Point
Annual
70% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
50% Participation
1-Year S&P 500 PTP Participation Rate with Spread
Point to Point
Annual
60% Participation
2% Spread
1-Year Morgan Stanley Global Opportunities PTP Participation Rate
Point to Point
Annual
145% Participation
1-Year S&P 500 Performance Triggered (5-Year Lock)
Performance Triggered
Annual
6.05% Performance triggered
1-Year S&P 500 Performance Triggered
Performance Triggered
Annual
7.25% Performance triggered
1-Year Fixed Account
Fixed
4.6% Fixed
1-Year Morgan Stanley Global Opportunities PTP Participation Rate
Point to Point
Annual
155% Participation
1-Year S&P 500 PTP Participation Rate with Spread
Point to Point
Annual
65% Participation
2% Spread
1-Year First Trust Capital Strength Barclays 10% PTP Participation Rate
Point to Point
Annual
80% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
55% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
8.5% Cap
1-Year RBA Select Equity Yield CIBC 5% PTP Participation Rate
Point to Point
Annual
185% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
10% Cap
1-Year S&P 500 Performance Triggered
Performance Triggered
Annual
8% Performance triggered
1-Year S&P 500 Performance Triggered (5-Year Lock)
Performance Triggered
Annual
6.55% Performance triggered
1-Year Fixed Account
Fixed
4.85% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
60% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
9% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
11% Cap
1-Year RBA Select Equity Yield CIBC 5% PTP Participation Rate
Point to Point
Annual
195% Participation
1-Year Morgan Stanley Global Opportunities PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year S&P 500 PTP Participation Rate with Spread
Point to Point
Annual
70% Participation
2% Spread
1-Year First Trust Capital Strength Barclays 10% PTP Participation Rate
Point to Point
Annual
90% Participation
1-Year S&P 500 Performance Triggered
Performance Triggered
Annual
8.5% Performance triggered
1-Year S&P 500 Performance Triggered (5-Year Lock)
Performance Triggered
Annual
7.05% Performance triggered
1-Year Franklin SG Select Advantage PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year Janus Henderson Adaptive Market Leaders U.S. PTP Participation Rate
Point to Point
Annual
115% Participation
1-Year Invesco QQQ ETF PTP Cap
Point to Point
Annual
8.25% Cap
1-Year Franklin SG Select Advantage PTP Participation Rate
Point to Point
Annual
115% Participation
1-Year Janus Henderson Adaptive Market Leaders U.S. PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year Invesco QQQ ETF PTP Cap
Point to Point
Annual
8.75% Cap
1-Year Franklin SG Select Advantage PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year Janus Henderson Adaptive Market Leaders U.S. PTP Participation Rate
Point to Point
Annual
145% Participation
1-Year Invesco QQQ ETF PTP Cap
Point to Point
Annual
9.25% Cap

Surrender schedule

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

Riders

No Riders for Growth Pathway 5 annuity.

Waivers

Bail-Out

Allows for full or partial withdrawals without surrender charge or MVA if renewal cap for the S&P 500 1-year point-to-point strategy is below the bailout cap rate. No index allocation required, and the benefit is provided to the owner at no additional cost.

Nursing Home

After a period of one year, you may withdraw money from your annuity without a surrender charge to pay for an eligible nursing home or hospice care. Contract must be purchased prior to owner’s attained age of 76 for the nursing home waiver. The nursing home waiver does not include home health care.

Terminal Illness

After a period of one year, you may withdraw money from your annuity without a surrender charge to pay for an eligible nursing home or hospice care

Annuitization

Available one year from contract issue: 1) Single-life only; 2) Single-life with 10 – 30-year period certain; 3) Joint and survivor life

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