American Equity IncomeShield 7
American Equity Investment Life Insurance Company
4.5%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that protects your retirement savings from market losses while providing growth potential and optional guaranteed lifetime income. Designed for retirees who want market upside without downside risk.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$5,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| BlackRock Adaptive US Equity 5% Index | Annual | -- | 80% | -- |
| S&P 500 Dividend Aristocrats Daily Risk Control 5% Index (USD) Excess Return | Annual | 4.5% | 100% | -- |
| S&P 500 Index | Annual | 2.75% | 100% | -- |
| Fixed Account | Daily | -- | -- | 1.7% |
Key Features
Principal Protection
100% protectionYour money is protected from market losses - you'll never lose money due to index declines
Free Withdrawals
10% annuallyTake up to 10% of your contract value each year without penalty
Index Options
3 index strategiesChoose from S&P 500, BlackRock Adaptive US Equity, and S&P Dividend Aristocrats indices
Surrender Period
7 yearsCharges apply for excess withdrawals during the first 7 years
Minimum Guaranteed Return
87.5% floorContract value will never be less than 87.5% of premiums paid
Highlights
Protects your principal from market losses while still allowing growth potential through index-linked returns
Offers guaranteed lifetime income that can't be outlived with optional Lifetime Income Benefit Rider
Provides enhanced income payments for long-term care needs through the Wellbeing Benefit option
Features multiple index options including S&P 500 and BlackRock Adaptive strategies for diversified growth potential
Allows 10% annual penalty-free withdrawals after the first year for liquidity needs
Surrender Schedule
Yr 1
9.2%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
4.2%
Yr 7
3.1%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Pre-retirees and retirees aged 40-80 who want to protect their principal from market risk while maintaining growth potential and ensuring lifetime income.
Consider Alternatives If
Investors who need immediate liquidity or want direct market exposure should consider other options.
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