based on complex data

Annuity Educator Rating

Annuity review

Thrive Plus 7

Established over a century ago in 1906, The Standard Insurance Company is a subsidiary of StanCorp Financial Group. The company finds itself in the insurance and financial services sector, playing a key role in the sale of individual insurance products, investment solutions, and retirement plan services across the US. Specifically, its offerings include group and individual disability insurance, group life and accidental death & dismemberment insurance, and annuities. The company’s focus on delivering customized, high-quality products and services has earned it a reputation of excellence in the insurance industry. Regularly receiving high ratings from agencies like A.M. Best and Standard & Poor’s Global, The Standard is known for its financial resilience and ability to fulfill obligations to policyholders.

Thrive Plus 7

Your Email

Compare this annuity with 827 others from 100+ companies

Your State

Investment

Your Gender

Your Age

Retire At

About Product

Type

Fixed Index

Purpose

Accumulation & Legacy

Term

7 Years

Surrender schedule

9.4%

8.5%

7.5%

6.5%

5.5%

4.5%

3.5%

Fee withdrawal:

15%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$50,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, Traditional IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, and Roth Conversion (Full)

Launch Date

04/27/2026

The Thrive Plus 7 is a single-premium deferred fixed index annuity with a 7-year withdrawal charge period. You purchase the annuity with one premium payment. The Thrive Plus 7 is a fixed deferred annuity which means interest is earned during the accumulation phase and annuity payments are deferred until the annuity date or upon annuitization.

Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year S&P 500 Dynamic Intraday TCA PTP Guaranteed Trigger Rate Plus	Protected Performance Trigger Annual	2% Fixed 6.25% Performance triggered
1-Year Fixed Account	Fixed	3.25% Fixed
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	40% Participation
1-Year S&P 500 PTP Cap Lock	Point to Point Annual	6.5% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	9% Cap
1-Year S&P 500 Dynamic Intraday TCA PTP Guaranteed Cap	Point to Point Annual	11% Cap
1-Year Barclays Fortune 500 ER Dividends PTP Guaranteed Participation Rate	Point to Point Annual	70% Participation
1-Year S&P 500 Performance Triggered	Performance Triggered Annual	6.25% Performance triggered
1-Year S&P 500 Dynamic Intraday TCA PTP Guaranteed Trigger Rate Plus	Protected Performance Trigger Annual	2% Fixed 6.75% Performance triggered
1-Year Fixed Account	Fixed	3.25% Fixed
1-Year Barclays Fortune 500 ER Dividends PTP Guaranteed Participation Rate	Point to Point Annual	75% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Guaranteed Cap	Point to Point Annual	11.5% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	9.5% Cap
1-Year S&P 500 PTP Cap Lock	Point to Point Annual	7% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
1-Year S&P 500 Performance Triggered	Performance Triggered Annual	6.75% Performance triggered

Surrender schedule

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

Riders

Name	Inbuilt	Fee
Enhanced Death Benefit Rider	No	0.80% annually

Waivers

Death

All death benefit payments are available without withdrawal charges or MVA.

Nursing Home

If you become a resident in a nursing home for 30 or more consecutive days, you can withdraw funds after the first contract year without withdrawal charges or MVA.

Terminal Illness

If you are diagnosed with a terminal condition with a life expectancy of 12 months or less, you can withdraw funds after the first contract year without withdrawal charges or MVA.

Annuitization

No surrender charges apply if you choose a life income or at least a 5-year certain period payment option.

ADL

If you become unable to perform at least two of the six standard ADLs, you can withdraw funds after the first contract year without withdrawal charges or MVA. ADLs refer to six basic tasks essential for self-care and independent living: Bathing, Dressing, Eating, Transferring, Toileting or Continence.

RMD

This product supports Penalty-Free Withdrawal Provisions for RMD.

Premium Notes

Minimum premium: $50,000

Maximum premium: $1,000,000

Withdrawal Provisions

Market Value Adjustment We apply a market value adjustment to withdrawals and surrenders that exceed the free withdrawal amount. This adjustment affects the amount you receive if you withdraw or surrender before the end of the Withdrawal Charge Period. It reflects the changes in market interest rates since you purchased the annuity. Free Withdrawals Starting in the first contract year, you may annually withdraw up to 15% without a surrender charge or MVA. During the first year, the amount is based on a percentage of initial premium. Starting in the second year, it is based on a percentage of the annuity fund value from the previous contract anniversary. IRS required minimum distributions are also available without charges, even if they exceed the 15% free withdrawal amount. Minimum withdrawal: $500. Minimum remaining balance: $2,000.

Company Founded: 1906

Excellent Rated Company

The Standard Insurance Company

Company Ratings

4.6