aspida

Aspida

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Financial Ratings

A.M. Best A-
KBPA A-

About Aspida

Aspida is a modern annuity company founded in 2020 by industry veterans and headquartered in Durham, North Carolina. It leverages a state‐of‐the‐art digital platform to offer a suite of fixed and fixed index annuity products designed to deliver secure, principal‐protected growth for retirement. The company’s competitive offerings are made possible in part by its association with Ares Management Corporation.

Ares Management Corporation, founded in 1997, is a leading global alternative investment firm with diversified expertise across credit, private equity, real estate, and other asset classes. With assets under management exceeding $300 billion, Ares is renowned for its robust financial discipline and innovative investment strategies. As an indirect parent of Aspida, Ares provides the financial strength and stability that enable Aspida to offer competitive and secure annuity products to its clients

Product Lineup

Aspida Advisory MYGA

Multi-Year Guaranteed

Guaranteed growth with tax-deferred earnings and flexible access

Premium Range$25,000 to $2,000,000
Term Options2, 3, 5, or 7 years
Free Withdrawals10% annually after first year
Tax-Deferred Growth100% of interest earnings

Best for: People who want guaranteed growth with no market risk and have money they can se...

Details

Synergy Choice Bonus

Fixed Indexed Annuity

Fixed index annuity with up to 14% premium bonus and principal protection

Premium Bonus8% for 5-year contracts (ages 18-75), 14% for 10-year contracts (ages 18-75)
Principal Protection100% protection
Free WithdrawalsUp to 10% annually after first year
Index Options20 crediting strategies available

Best for: Retirement savers who want market growth potential with principal protection and...

Details

Synergy Choice Income

Fixed Indexed Annuity

Fixed index annuity with built-in lifetime income and 26% bonus

Benefit Base Bonus26%
Roll-Up Rate12% for first 10 years
Minimum Premium$25,000
Maximum Premium$2,000,000

Best for: Individuals aged 40-80 seeking principal protection with growth potential and gu...

Details

Synergy Choice MYGA

Multi-Year Guaranteed

Guaranteed rates for 2-7 years with tax-deferred growth

Guarantee Periods2, 3, 5, or 7 years
Premium Range$25,000 to $2,000,000
Tax Treatment100% tax-deferred
Free Interest WithdrawalsMonthly, quarterly, semi-annual, or annual

Best for: Conservative investors who want guaranteed growth and principal protection for a...

Details

Synergy Choice Max

Fixed Indexed Annuity

Market growth potential with principal protection and flexible access

Premium Range$25,000 to $2,000,000
Surrender Charge Periods5-year or 10-year options
Index Options8 different indexes available
Crediting Strategies20 total strategies available

Best for: Investors seeking principal protection with growth potential who can commit fund...

Details

WealthLock Accumulator

Fixed Indexed Annuity

Fixed index annuity with principal protection and market growth potential

Principal Protection100% protection
Free WithdrawalsUp to 10% annually
Index Strategies19 different strategies
QuarterLock4 opportunities per year

Best for: Investors seeking retirement growth with principal protection who want market pa...

Details

WealthLock MYGA

Multi-Year Guaranteed

Fixed rates, guaranteed growth, principal protection for 2-7 years

Guaranteed Interest RateVaries by term selected
Term Options2, 3, 5, or 7 years
Principal Protection100% protection
Free WithdrawalsUp to 5% annually

Best for: Conservative investors who want guaranteed growth with principal protection and ...

Details

WealthLock MYGA Plus

Annuity

Guaranteed growth with principal protection and flexible access

Guarantee Periods2-7 years
Minimum Investment$25,000
Maximum Investment$2,000,000
Free Withdrawals10% annually

Best for: Conservative investors who want guaranteed growth, principal protection, and som...

Details

Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

A-

Description

Excellent

Effective

May 25, 2022

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