OrionShield 9 with Premium Bonus (CA Only)
OrionShield 9 with Premium Bonus is a true game-changer for California retirees. It brings you peace of mind with guaranteed income over the years, ensuring a worry-free golden age.
Plus, the premium bonus propels your nest egg further! Truly a smart choice for your future. With OrionShield, you're secured!
OrionShield 9 with Premium Bonus (CA Only)
Your Email
Ratings:
- A.M. Best A
- Fitch A-
- Moody's Baa1
- Comdex 69
About Product
Type
Fixed Index
Purpose
Accumulation
Premium Bonus
13%
Term
9 Years
Surrender schedule
9%8%7%6%5%4%3%2%1%
Fee withdrawal:
10%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$25,000
Maximum Contribution
$1,500,000
Max Age Qualified
80
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:
CA
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.3%
Fixed
|
| 1-Year S&P 500 PTP Higher Cap with 50% Participation Rate |
Point to Point
Annual
|
50%
Participation
5.5%
Cap
|
| 1-Year S&P 500 PTP Cap with 100% Participation Rate |
Point to Point
Annual
|
100%
Participation
5.3%
Cap
|
| 1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap |
Point to Point
Annual
Monthly average
|
100%
Participation
3.5%
Cap
|
| 3-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Triennial
|
95%
Participation
|
| 1-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Annual
|
70%
Participation
|
| 1-Year Fixed Account |
Fixed
|
2.55%
Fixed
|
| 1-Year S&P 500 PTP Higher Cap with 50% Participation Rate |
Point to Point
Annual
|
50%
Participation
8%
Cap
|
| 1-Year S&P 500 PTP Cap with 100% Participation Rate |
Point to Point
Annual
|
100%
Participation
6.5%
Cap
|
| 1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap |
Point to Point
Annual
Monthly average
|
100%
Participation
4.75%
Cap
|
| 3-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Triennial
|
115%
Participation
|
| 1-Year Barclays Global Trailblazer PTP Participation Rate |
Point to Point
Annual
|
85%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
No Riders for OrionShield 9 with Premium Bonus (CA Only) annuity.
Waivers
Death
Surrender charges do not apply as a result of the death of the Annuitant.
Annuitization
Surrender charges do not apply under certain annuitization scenarios.
Premium Notes
Annual Contract Fee
None.
None.
Withdrawal Provisions
Free Withdrawal amount
Beginning in the first contract year, 10% of the beginning Index Year Contract Value may be withdrawn without incurring any surrender charges or MVA.
Beginning in the first contract year, 10% of the beginning Index Year Contract Value may be withdrawn without incurring any surrender charges or MVA.
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