EverGuard Aspire 5
EverGuard Aspire 5
About Product
Model Portfolios
- Model 1: Balanced Rate Guarantee (BRG). Rates are guaranteed for Withdrawal Charge Period.
- Model 2: Equity Focused (EF). Offers an enhanced S&P 500 cap.
- Model portfolios are only available at the time of application and only one model may be selected. Premium may allocate to a model portfolio and manual allocations. See rate sheet for full details on current allocation percentages.
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Goldman Sachs Enhanced Multi-Asset PTP Participation Rate with Equity Focused 20% Allocation |
Point to Point
Annual
|
93%
Participation
|
| 1-Year Invesco BofA QQQ Balanced FC PTP Participation Rate with Equity Focused 20% Allocation |
Point to Point
Annual
|
69%
Participation
|
| 1-Year S&P 500 Engle 15% VT TCA PTP Cap with Equity Focused 30% Allocation |
Point to Point
Annual
|
10%
Cap
|
| 1-Year S&P 500 PTP Cap with Equity Focused 30% Allocation |
Point to Point
Annual
|
11.25%
Cap
|
| 1-Year S&P 500 Engle 15% VT TCA PTP Cap with Balanced Rate Guarantee 40% Allocation |
Point to Point
Annual
|
9.25%
Cap
|
| 1-Year Invesco BofA QQQ Balanced FC PTP Participation Rate with Balanced Rate Guarantee 30% Allocation |
Point to Point
Annual
|
64%
Participation
|
| 1-Year Goldman Sachs Enhanced Multi-Asset PTP Participation Rate with Balanced Rate Guarantee 30% Allocation |
Point to Point
Annual
|
88%
Participation
|
| 1-Year Fixed Account |
Fixed
|
4%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9%
Cap
|
| 1-Year Goldman Sachs Enhanced Multi-Asset PTP Participation Rate |
Point to Point
Annual
|
93%
Participation
|
| 1-Year Invesco BofA QQQ Balanced FC PTP Participation Rate |
Point to Point
Annual
|
69%
Participation
|
| 1-Year S&P 500 Engle 15% VT TCA PTP Cap |
Point to Point
Annual
|
10%
Cap
|
| 1-Year Goldman Sachs Enhanced Multi-Asset PTP Participation Rate with Balanced Rate Guarantee 30% Allocation |
Point to Point
Annual
|
95%
Participation
|
| 1-Year Invesco BofA QQQ Balanced FC PTP Participation Rate with Balanced Rate Guarantee 30% Allocation |
Point to Point
Annual
|
70%
Participation
|
| 1-Year S&P 500 Engle 15% VT TCA PTP Cap with Balanced Rate Guarantee 40% Allocation |
Point to Point
Annual
|
10.25%
Cap
|
| 1-Year S&P 500 PTP Cap with Equity Focused 30% Allocation |
Point to Point
Annual
|
12%
Cap
|
| 1-Year S&P 500 Engle 15% VT TCA PTP Cap with Equity Focused 30% Allocation |
Point to Point
Annual
|
11.25%
Cap
|
| 1-Year Invesco BofA QQQ Balanced FC PTP Participation Rate with Equity Focused 20% Allocation |
Point to Point
Annual
|
75%
Participation
|
| 1-Year Goldman Sachs Enhanced Multi-Asset PTP Participation Rate with Equity Focused 20% Allocation |
Point to Point
Annual
|
100%
Participation
|
| 1-Year Fixed Account |
Fixed
|
4.25%
Fixed
|
| 1-Year Goldman Sachs Enhanced Multi-Asset PTP Participation Rate |
Point to Point
Annual
|
100%
Participation
|
| 1-Year Invesco BofA QQQ Balanced FC PTP Participation Rate |
Point to Point
Annual
|
75%
Participation
|
| 1-Year S&P 500 Engle 15% VT TCA PTP Cap |
Point to Point
Annual
|
11.25%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9.5%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% |
Riders
No Riders for EverGuard Aspire 5 annuity.
Waivers
Death
The Death Benefit is free of Withdrawal Charges or MVA.
Hospital
Eligibility begins after the first Contract Anniversary for Owner or Joint Owner. Contract Owner must be confined to a qualified Nursing Home or Hospital for 90 consecutive days starting after the Contract Issue Date.
Nursing Home
Eligibility begins after the first Contract Anniversary for Owner or Joint Owner. Contract Owner must be confined to a qualified Nursing Home or Hospital for 90 consecutive days starting after the Contract Issue Date.
Terminal Illness
Eligibility begins after the first Contract Anniversary for Owner or Joint Owner. Diagnosis must have occurred after the Contract Issue Date. Diagnosis must be made by a certified physician that death will occur 12 months or less following the physician's statement.
RMD
Required Minimum Distributions (RMDs) may be taken without Withdrawal Charges or Market Value Adjustment (MVA) beginning in the first Contract Year. In subsequent years, RMDs are considered part of the allowed Free Withdrawal Amount.
Premium Notes
- Qualified: IRAs and Roth IRAs are accepted. Owner and Annuitant must be the same individual.
- Non-qualified: Non-qualified, Non-qualified stretches and Non-natural ownership are accepted. Joint Ownership allowed.
Withdrawal Provisions
Withdrawal Charge ScheduleA Withdrawal Charge will be assessed against withdrawals in excess of the allowed Free Withdrawal Amount. Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59 1/2. Contract Value withdrawn from an Index Option before the end of the Crediting Term will not receive interest for that Crediting Term. Market Value Adjustment MVA may apply to any withdrawals in excess of the Free Withdrawal Amou Free Withdrawal Amount Ten percent (10%) of the Contract Value is available annually as a Free Withdrawal Amount, after the first Contract Anniversary. Free Withdrawal Amount is based on the Contract Value at the beginning of the most recent Contract Year.
- A.M. Best A-
- Fitch A-
- S&P BBB+
- Moody's Baa1
- Comdex 57
