Index Select Annuity 5
Reliance Standard
9%
Best Cap
10%
Free W/D
50
States
A deferred annuity that links your returns to S&P 500 index gains while protecting you from market losses. Ideal for retirees seeking tax-deferred growth with upside market potential and downside safety.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$15,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| S&P 500 Index | Annual | 9% | 100% | -- |
| Fixed Account | Daily | -- | -- | 4.5% |
Key Features
Index crediting options
Annual point-to-point with rate cap, annual point-to-point with participation rate, or fixed interestChoose how your interest is calculated based on S&P 500 performance
Downside protection
Guaranteed minimum accumulation benefit (GMAB)Your account value won't decrease if the S&P 500 declines
Surrender periods
5, 7, or 10-year optionsChoose how long you want to commit your money
Penalty-free withdrawals
Surrender-charge free withdrawal options availableAccess your money without surrender charges under certain conditions
Initial investment range
$15,000 to $1,000,000Flexible premium amounts to suit different retirement savings
Issue age limits
ISA 5: age 93; ISA 7: age 90; ISA 10: age 80Different maximum ages depending on which product term you choose
Highlights
Earn interest based on S&P 500 index performance with downside protection—you won't lose money if the market declines
Tax-deferred growth means your earnings compound without annual tax bills
Flexible surrender periods of 5, 7, or 10 years with penalty-free withdrawal options
Guaranteed minimum accumulation benefit (GMAB) ensures a minimum return even if the market underperforms
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
Retirees or near-retirees who want market upside potential with guaranteed downside protection and tax-deferred growth as part of a diversified retirement strategy.
Consider Alternatives If
Investors who need immediate access to their full premium without penalties or those seeking short-term investment growth.
Carrier Ratings
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