Nassau Bonus Annuity
Nassau Life
7.75%
Best Cap
10%
Free W/D
49
States
Nassau Bonus Annuity is a single-premium fixed indexed annuity designed for retirees seeking growth potential linked to market indices while protecting principal from losses. It combines an immediate premium bonus, index-linked crediting strategies, and optional lifetime income guarantees—making it ideal for those who want to accumulate retirement savings with downside protection.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$15,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Nasdaq-100 Index | 2-Year | -- | 51% | -- |
| Nasdaq-100 Index | Annual | -- | 42% | -- |
| Smart Passage SG Index | 2-Year | -- | 160% | -- |
| Smart Passage SG Index | Annual | -- | 91% | -- |
| S&P 500 Index | 2-Year | -- | 55% | -- |
| S&P 500 Index | Annual | 7.75% | 100% | -- |
| Fixed Account | Daily | -- | -- | 3.3% |
Key Features
Premium Bonus
Up to 10% of premiumA guaranteed bonus is added immediately to your single premium and vests over the first 10 contract years. This bonus is eligible to earn interest credits just like your premium.
Index-Linked Growth
Multiple indexed account options availableYour contract value can grow based on positive performance of market indices like the S&P 500 or Nasdaq-100, using various crediting methods (point-to-point, participation rates, caps).
Principal Protection
0% floor guaranteeInterest credited to your account is guaranteed never to be less than 0%, protecting your principal and earned interest from index declines.
Free Withdrawals
10% annuallyWithdraw up to 10% of your contract value each year during the surrender charge period without penalties, surrender charges, or market value adjustments.
Tax Deferral
Full tax deferral on all earningsAll earnings inside the annuity grow tax-deferred. Tax-deferred growth is not counted toward your combined income for Social Security tax purposes.
Guaranteed Lifetime Income Riders
0.95% annual rider feeTwo optional riders (Amplified Income Plus and Amplified Income Plus with Rising Income Opportunity) provide guaranteed income for life with dual roll-up growth mechanisms.
Return of Premium
100% of premium protectedUpon surrender after the charge period, you're guaranteed to receive at least your original premium (less prior withdrawals). Death benefit is never less than premium.
Highlights
Immediate premium bonus (up to 10%) added to your contract value at issue, giving your retirement savings an instant boost
Growth potential linked to market indices (S&P 500, Nasdaq-100, Smart Passage SG) with principal protection—you never earn less than 0%
Optional guaranteed lifetime income riders that grow your income payments through dual roll-up mechanisms (3% guaranteed plus 150% of credited interest)
Tax-deferred growth that can amplify returns compared to taxable investments, plus 10% annual free withdrawals during the surrender period
Surrender Schedule
Yr 1
12%
Yr 2
12%
Yr 3
12%
Yr 4
11%
Yr 5
10%
Yr 6
9%
Yr 7
8%
Yr 8
7%
Yr 9
6%
Yr 10
4%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Retirees and pre-retirees aged 50–80 who want to accumulate retirement savings with growth potential, principal protection, and the option to create guaranteed lifetime income without taking on market risk.
Consider Alternatives If
Investors seeking immediate liquidity or those with significant short-term withdrawal needs should avoid this product due to surrender charges during the first 10 years.
Carrier Ratings
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