Core Income 7
Allianz
3.75%
Best Cap
10%
Free W/D
50
States
A fixed index annuity designed to provide guaranteed lifetime income with opportunities for increases, while protecting your principal from market losses. Best for people planning retirement income who want certainty with growth potential.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$10,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Bloomberg US Dynamic Balance II ER Index | 2-Year | -- | 135% | -- |
| Bloomberg US Dynamic Balance II ER Index | Annual | -- | 90% | -- |
| Bloomberg US Dynamic Balance Index II | Annual | 3.75% | 100% | -- |
| Nasdaq-100 Index | Annual | 4.25% | 100% | -- |
| Russell 2000 Index | Annual | 4.25% | 100% | -- |
| S&P 500 Index | Annual | 4% | 100% | -- |
| Fixed Account | Daily | -- | -- | 2.6% |
Key Features
Increasing Withdrawal Percentages
Starts at 5.40% at age 50, can reach 8.60% at age 80Income percentages increase by 0.45% to 0.75% annually starting at age 45 until you begin withdrawals
Income Options
Two lifetime withdrawal options availableChoose level income for predictability or increasing income that can grow each year based on index performance
Index Lock Feature
Available on annual and 2-year point-to-point methodsLock in positive index gains at any time during crediting periods to secure interest credits
Free Withdrawals
10% annual free withdrawal amountAccess up to 10% of paid premium annually without surrender charges after first year
Core Income Benefit Rider
1.25% maximum annual chargeProvides the guaranteed lifetime income features for an annual charge
Highlights
Offers guaranteed lifetime income that can never be outlived, starting as early as age 50
Income withdrawal percentages increase every year you wait to start taking income (starting at age 45)
Choose between predictable level income or increasing income with potential for annual raises
Principal and credited interest are protected from market losses while still offering growth potential
Features like Index Lock allow you to secure gains when the market performs well
Surrender Schedule
Yr 1
8.5%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver
Best For
People approaching or in retirement who want guaranteed lifetime income with protection from market losses and potential for income increases.
Consider Alternatives If
Investors who need immediate liquidity or want to actively manage their investments in the market.
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