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OrionShield 5

The OrionShield 5 annuity is your financial pal for retirement! It offers a consistent stream of income that you can rely on, allowing you to enjoy your golden years worry-free.

Besides, it's packed with added benefits like potential growth based on market performance. It's a smart, secure step towards a comfortable future.

OrionShield 5

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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

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and 1035 Exchange

Launch Date

09/18/2023

The OrionShield annuity is a single premium fixed indexed annuity product designed for clients who are:

At or nearing retirement
Looking for a growth opportunity for the assets that they can’t afford to lose
Concerned about market losses and sudden swings

Available in states: AL, AK, AZ, AR, 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, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3.35% Fixed
1-Year S&P 500 PTP Higher Cap with 50% Participation Rate	Point to Point Annual	50% Participation 8.75% Cap
1-Year S&P 500 PTP Cap with 100% Participation Rate	Point to Point Annual	100% Participation 8.4% Cap
1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap	Point to Point Annual Monthly average	100% Participation 6.75% Cap
1-Year Barclays Global Trailblazer PTP Participation Rate	Point to Point Annual	105% Participation
1-Year Fixed Account	Fixed	4.1% Fixed
1-Year S&P 500 PTP Higher Cap with 50% Participation Rate	Point to Point Annual	50% Participation 11% Cap
1-Year S&P 500 PTP Cap with 100% Participation Rate	Point to Point Annual	100% Participation 9.4% Cap
1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap	Point to Point Annual Monthly average	100% Participation 8% Cap
1-Year Barclays Global Trailblazer PTP Participation Rate	Point to Point Annual	120% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate	Point to Point Annual	55% Participation
1-Year Nasdaq Night Owl PTP Participation Rate	Point to Point Annual	55% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate	Point to Point Annual	60% Participation
1-Year Nasdaq Night Owl PTP Participation Rate	Point to Point Annual	60% Participation

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

See if this annuity ranks in your top 3 for Ohio

Investment Amount

Riders

No Riders for OrionShield 5 annuity.

Waivers

Death

Surrender charges do not apply as a result of the death of the Annuitant.

Nursing Home

Unavailable in states: CA

If the Annuitant is confined to a Hospital or Nursing Facility for at least 30 consecutive days, partial withdrawals may be taken to help pay for expenses without incurring any surrender charges or MVA. Availability of the Nursing Home Waiver may vary by state and/or issue age.

Annuitization

Surrender charges do not apply under certain annuitization scenarios.

Premium Notes

Annual Contract Fee
None.

Withdrawal Provisions

Free Withdrawal amount Beginning in the second contract year, 10% of the beginning Index Year Contract Value may be withdrawn without incurring any surrender charges or MVA.

Company Founded: 1909

Excellent Rated Company

AuguStar Life Insurance Company

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