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

Enhanced Choice Index Plus 5

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Highlights

The Enhanced Choice Index Plus is a single-premium, deferred index annuity offering multiple crediting strategies linked to index performance. Through a combination of indices, crediting options and enhanced product features, you can customize a retirement strategy that best aligns with your financial goals.
Legacy Max is an optional death benefit rider available to help maximize what you pass along to your heirs. It provides opportunities for guaranteed growth in declining markets, as well as performance-based growth in positive markets.
If the Legacy Max rider option is elected, 401k and Pension are not available.
If the Legacy Max rider option is elected, Enhanced Index Participation Rate and Enhanced Index Cap Rate strategies are not available.
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, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Type
Fixed Index
Purpose Accumulation
Term
5 Years
Surrender schedule
9.4%8.5%7.5%6.5%5.5%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Market value adjustment
Return of premium
Launch date
07/17/2023
Minimum contribution
$15,000
Maximum contribution
$1,000,000
Max Age Qualified
93
Types of funds
Non-Qualified, 401k, IRA, Pension, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and 1035 Exchange
Brochure
Open brochure

Find out if the Enhanced Choice Index Plus 5 is the right product for you.

Premium Notes

Issue Age Maximum issue age may vary by distributor
  • ECI Plus 5: Owner 18-93, Annuitant 0-93
    (The purchase of the annuity for those age 91-93 must be for transfer-of-wealth or estate-planning purposes)
  • ECI Plus 7: Owner 18-90, Annuitant 0-90
  • ECI Plus 10: Owner 18-80, Annuitant 0-80
Premium
$15,000 to $1,000,000 initial premium (greater amounts may be accepted if pre-approved by The Standard before you submit an application)
All expected premium must be noted on the application and policy will not issue until all funds are received. The contract effective date is the day we receive all of the expected premium. 

Withdrawal Provisions

Market Value Adjustment
A market value adjustment applies to withdrawals and surrenders that are subject to a surrender charge. We will waive the MVA when the surrender charge is waived. MVA is not available in California.

Free withdrawals
You can withdraw up to 10% of the annuity fund value per year without a surrender charge. Available after the first contract year. Withdrawal amount is based on a percentage of the value of the annuity fund as of the contract anniversary.

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.5% Fixed
1-Year S&P 500 ESG DRC 5% ER PTP Enhanced Participation Rate Guaranteed for Term
Point to Point
Annual
235% Participation
1-Year S&P 500 ESG DRC 5% ER PTP Participation Rate Guaranteed for Term
Point to Point
Annual
180% Participation
1-Year S&P 500 DRC 5% ER PTP Enhanced Participation Rate Guaranteed for Term
Point to Point
Annual
235% Participation
1-Year S&P 500 DRC 5% ER PTP Participation Rate Guaranteed for Term
Point to Point
Annual
180% Participation
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate Guaranteed for Term
Point to Point
Annual
235% Participation
1-Year S&P MARC 5% ER PTP Participation Rate Guaranteed for Term
Point to Point
Annual
180% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
73% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
58% Participation
1-Year S&P 500 PTP Enhanced Cap
Point to Point
Annual
13.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.5% Cap
1-Year BofA Global MegaTrends PTP Enhanced Participation Rate Guaranteed for Term
Point to Point
Annual
160% Participation
1-Year BofA Global MegaTrends PTP Participation Rate Guaranteed for Term
Point to Point
Annual
125% Participation

Surrender schedule

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

Riders

No Riders for Enhanced Choice Index Plus 5 annuity.

Waivers

Death

Death benefit payments are available without a surrender charge. After the death of an annuitant, the owner may elect a withdrawal within 180 days of the death and surrender charges will be waived.

Nursing Home

You can withdraw funds without a surrender charge if you are a resident in a nursing home for 30 or more consecutive days. Applies after the first contract year.

Terminal Illness

You can withdraw funds without a surrender charge if you are diagnosed with a terminal condition with a life expectancy of 12 months or less. Applies after the first contract year.

Annuitization

Annuitization is the process of changing from accumulating savings to generating a guaranteed income stream. You may convert your deferred annuity to a payment stream with The Standard at any time without a surrender charge. You may choose either a lifetime income payment option or a certain period of at least five years.

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