annuity-educator-logo
Best Guaranteed Annuity Rates
2-Year
5.55%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Nassau Growth Annuity 10 (Group C)

Get an annuity today!
Learn how an annuity can provide guaranteed income for life.

Highlights

Growth Annuity 10 - Single premium accumulation-focused fixed indexed annuity with guaranteed lifetime withdrawal benefit options. 

Notes
  • Our products are issued through Nassau Life Insurance and Annuity Company in California.
  • For basic, non-rider, plan. Riders, as well as Nursing Home and Terminal Illness Waivers, are only available for issue ages 80 and below.
Available in states: CA
Type
Fixed Index
Purpose Accumulation
Term
9 Years
Surrender schedule
8.6%7.6%6.6%5.6%4.6%3.6%2.5%1.5%0.4%
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
08/05/2019
Minimum contribution
$15,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP
Brochure
Open brochure

Find out if the Nassau Growth Annuity 10 (Group C) is the right product for you.

Withdrawal Provisions

Free Withdrawals
Each year during the annuity’s surrender charge period, a withdrawal up to the contract’s free withdrawal amount may be taken free of surrender charges and Market Value Adjustment (MVA), and (if applicable) pro-rated rider and strategy fees. After the specified Surrender Period, surrender charges and MVA no longer apply.

First Year Free Withdrawal
10% or RMD amount, if greater. Certain year 1 restrictions may apply on RMD's.
Withdrawal Years 2+: 10% or RMD amount, if greater.

Allocation Accounts

Name Type Rates
2-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Biennial
200% Participation
2-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Biennial
160% Participation
1-Year Sunrise Smart Passage SG Participation Rate
Nassau Sunrise
Annual
95% Participation
1-Year Sunrise Smart Passage SG Enhanced Participation Rate
Nassau Sunrise
Annual
116% Participation
1-Year Fixed Account
Fixed
4.9% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
62% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
11% Cap
2-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Biennial
90% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
75% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
73% Participation
1-Year Nasdaq-100 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Annual
50% Participation
2-Year Nasdaq-100 PTP Participation Rate
Point to Point
Biennial
52% Participation
2-Year Nasdaq-100 PTP Enhanced Participation Rate
Point to Point
Biennial
65% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9
Penalty 9% 8% 7% 6% 5% 4% 3% 2% 0%

Riders

No Riders for Nassau Growth Annuity 10 (Group C) annuity.

Waivers

Terminal Illness

Surrender charges are waived (though an MVA will still apply) if the contract owner becomes ill and is confined to a hospital or nursing home for at least 90 consecutive days, or is diagnosed with a terminal illness (a life expectancy of 6 months or less), on or after the first contract anniversary. Terminal Illness only available for issue ages 80 and below. (Subject to state availability)

Ready to Protect Your Financial Future?

Request a free quote or talk to our financial expert to get help