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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%
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Principal Strategic Outcomes Annuity

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Highlights

Principal Strategic Outcomes is a registered indexed-linked annuity (RILA). It's designed to provide a limited level of protection from market downturns as well as provide upside growth potential when markets perform well. With choices of protection level—either a buffer or a floor—segment length, and tracking index, this product offers you the flexibility to tailor an annuity to fit your overall financial plan. 
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, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Type
 Registered Index-Linked
Purpose Accumulation
Term
 6 Years
Surrender schedule
 8%8%7%6%5%4%
Free withdrawal
 10%
Market value adjustment
Return of premium
Launch date
 05/01/2023
Minimum contribution
 $20,000
Maximum contribution
 $2,000,000
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, Stretch IRA, Inherited IRA, NQ Stretch, and TSP
Brochure
 Open brochure

Find out if the Principal Strategic Outcomes Annuity is the right product for you.

Premium Notes

Premiums
  • Single premium 
  • Minimum: $20,000 
  • Maximum: $2 million without home office approval 
  • Nonqualified, qualified 

Withdrawal Provisions

Withdrawals free of surrender charges
Available each contract year and is the greater of 
  • 10% of premium payments minus any withdrawals since the last anniversary 
  • Required minimum distribution (RMD) for qualified contracts. 
A bond adjustment will be added to any withdrawal. The bond adjustment could be positive, negative, or equal to zero. This will apply regardless of when the surrender occurs, including on the segment end date. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
35% Participation
1-Year S&P 500 PTP Participation Rate with -10% Floor
Point to Point
Annual
60% Participation
1-Year S&P 500 PTP Participation Rate with 10% Buffer
Point to Point
Annual
70% Participation
1-Year Russell 2000 PTP Participation Rate with 10% Buffer
Point to Point
Annual
70% Participation
1-Year S&P 500 PTP Participation Rate with Cap with 10% Buffer
Point to Point
Annual
100% Participation
13% Cap
1-Year MSCI EAFE PTP Participation Rate with 10% Buffer
Point to Point
Annual
80% Participation
2-Year S&P 500 PTP Participation Rate with 10% Buffer
Point to Point
Biennial
85% Participation
6-Year S&P 500 PTP Participation Rate with 10% Buffer
Point to Point
6-Year
115% Participation
6-Year Russell 2000 PTP Participation Rate with 10% Buffer
Point to Point
6-Year
125% Participation
6-Year SG Smart Climate PTP Participation Rate with 10% Buffer
Point to Point
6-Year
150% Participation
6-Year MSCI EAFE PTP Participation Rate with 10% Buffer
Point to Point
6-Year
145% Participation
1-Year S&P 500 Peak Buffer Participation Rate with Cap with 20% Buffer (Limited States)
Dual Directional
Annual
100% Participation
7% Cap
6-Year S&P 500 Peak Buffer Participation Rate with 20% Buffer (Limited States)
Dual Directional
6-Year
100% Participation
1-Year S&P 500 PTP Participation Rate with Cap with 20% Buffer
Point to Point
Annual
100% Participation
9.5% Cap
6-Year S&P 500 PTP Participation Rate with 20% Buffer
Point to Point
6-Year
105% Participation

Surrender schedule

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

Riders

No Riders for Principal Strategic Outcomes Annuity annuity.

Waivers

Nursing Home

Automatically issued with the contract for no additional cost. Waives surrender charges due to health care facility. A licensed hospital or inpatient nursing facility providing daily medical treatment and keeping daily medical records for each patient (not primarily providing just residency or retirement care). This does not include a facility owned or operated by the Owner, Annuitant or a member of their immediate family. If the critical need is confinement to a health care facility, the confinement must continue for at least 60 consecutive days after the Contract Date and the Surrender must occur within 90 days of the confinement’s end. Notice must be provided within 90 days after confinement ends.

Terminal Illness

Automatically issued with the contract for no additional cost. Waives surrender charges due to terminal illness. Sickness or injury that results in the Owner’s or Annuitant’s life expectancy being 12 months or less from the date notice to receive a distribution from the Contract is received by the Company.

Disability

Automatically issued with the contract for no additional cost. Waives surrender charges due to Total and Permanent Disability. The Owner or Annuitant is unable to engage in any occupation for pay or profit due to sickness or injury.

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