Enhanced Choice Index Plus 5
Reliance Standard
11%
Best Cap
10%
Free W/D
50
States
A single-premium deferred index annuity that lets you customize your retirement savings by allocating funds across market indices and fixed accounts, earning interest based on market performance while protecting against losses.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$15,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| BofA Global MegaTrends Index | Annual | -- | 145% | -- |
| S&P 500 Daily Risk Control 5% Excess Return (USD) Index | Annual | -- | 165% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | 11% | 100% | -- |
| S&P 500 ESG Daily Risk Control 5% Index (USD) ER | Annual | -- | 165% | -- |
| S&P 500 Index | Annual | 11.5% | 100% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 165% | -- |
| Fixed Account | Daily | -- | -- | 3.75% |
Key Features
Index Participation Rate
150% or higher with enhanced optionEarn a percentage of the index's growth each year. If the index grows 10% and your participation rate is 150%, you earn 15%.
Index Cap Rate
9-12% depending on option selectedEarn 100% of index growth up to a maximum cap. Protects you from unbounded gains while limiting downside to zero.
Guaranteed Minimum Accumulation Benefit (GMAB)
100% of premium guaranteedAt the end of the surrender period, your account value is guaranteed to be at least 100% of your original premium (minus any withdrawals).
Multiple Index Choices
5 different index optionsChoose from S&P 500, diversified multi-asset index, risk-controlled indices, ESG-focused index, or global innovation index.
Multi-Year Rate Guarantees
5-7 year rate lock on most optionsYour participation or cap rate stays locked in for the entire surrender period on most indices (5, 7, or 10 years depending on product version).
Fixed Interest Account
One-year guaranteed rateAllocate a portion to a guaranteed fixed rate account for stable, predictable returns alongside index-linked accounts.
Tax-Deferred Growth
Three-way compounding benefitInterest compounds on your premium, the earnings, and the taxes you would have paid—no tax liability until withdrawal.
Penalty-Free Withdrawals
Multiple no-penalty scenariosAccess 10% annually, IRS required distributions, funds for nursing home, terminal diagnosis, or death without surrender charges.
Annuitization Without Penalty
Lifetime income availableConvert to guaranteed income payments for life or a set period without paying surrender charges.
Partial Index Credit on Early Events
Partial credit availableIf death, annuitization, or qualifying hardship occurs before the 12-month index term ends, you receive a partial credit for index growth to date.
Highlights
Customize your retirement strategy by combining multiple market indices with different crediting options
Earn interest linked to market performance while principal is protected from market downturns
Tax-deferred growth means you earn interest on your principal, the interest itself, and the taxes you would have paid
Guaranteed minimum value ensures you never lose your original premium (minus withdrawals) at the end of the surrender period
Optional Legacy Max rider lets beneficiaries benefit from guaranteed growth in down markets and performance-based growth in up markets
Surrender Schedule
Yr 1
9.4%
Yr 2
8.5%
Yr 3
7.5%
Yr 4
6.5%
Yr 5
5.5%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals who want to grow retirement savings with tax-deferred compounding, desire market upside participation with downside protection, and plan to hold the investment long-term (5-10 years).
Consider Alternatives If
People who need immediate access to funds without penalty, require liquidity within 5 years, or are uncomfortable with complex product features and crediting options.
Carrier Ratings
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