American Equity IncomeShield 10
American Equity Investment Life Insurance Company
25%
Best Cap
10%
Free W/D
49
States
A fixed index annuity that protects your principal while offering growth potential tied to market indexes, plus a built-in income rider that guarantees 10% annual growth for future lifetime income payments.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$5,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| BlackRock Adaptive US Equity 5% Index | 2-Year | -- | 245% | -- |
| BlackRock Adaptive US Equity 5% Index | Annual | -- | 165% | -- |
| Nasdaq Premier Index | 2-Year | 25% | 100% | -- |
| Nasdaq Premier Index | Annual | 9% | 100% | -- |
| NYSE Premier Index | 2-Year | 25% | 100% | -- |
| NYSE Premier Index | Annual | 9% | 100% | -- |
| S&P 500 Advantage 15% VT TCA Index (USD) ER | 2-Year | 25% | 100% | -- |
| S&P 500 Advantage 15% VT TCA Index (USD) ER | Annual | 9% | 100% | -- |
| S&P 500 Dividend Aristocrats Daily Risk Control 5% Index (USD) Excess Return | 2-Year | -- | 225% | -- |
| S&P 500 Dividend Aristocrats Daily Risk Control 5% Index (USD) Excess Return | Annual | 25% | 100% | -- |
| S&P 500 Index | 2-Year | 12.75% | 100% | -- |
| S&P 500 Index | Annual | 5.75% | 100% | -- |
| S&P 500 Index | Monthly | 2.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 3.5% |
Key Features
Principal Protection
100% protectionMoney is protected from market downturns and index volatility
Income Account Growth
10% annual rate for 10 yearsGuaranteed daily interest crediting for income calculation
Lifetime Income
Starting as early as age 50Guaranteed income payments for life that increase the longer you wait
Free Withdrawals
Up to 10% after first yearAnnual penalty-free access to contract value
Wellbeing Benefit
Double income for single, 50% increase for jointEnhanced income during health events without nursing home requirement
Surrender Charges
9.2% year 1, declining to 0% year 11Declining charges over 10-year period
Highlights
Principal protection from market downturns with potential for index-linked growth
10% guaranteed annual income growth for up to 10 years before taking payments
Lifetime income payments that can start as early as one year after purchase
Enhanced income benefits during health events with no nursing home requirement
Up to 10% annual penalty-free withdrawals after the first year
Surrender Schedule
Yr 1
9.2%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Pre-retirees and retirees who want principal protection with guaranteed lifetime income and are comfortable with a 10-year commitment.
Consider Alternatives If
Investors seeking immediate high liquidity or those who cannot commit funds for at least several years due to surrender charges.
Carrier Ratings
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