Enhanced Choice Index Plus 10
Standard
11%
Best Cap
10%
Free W/D
49
States
A single-premium deferred index annuity that links your returns to stock market indices while protecting you from market losses. You choose how your money grows based on your comfort with risk and growth preferences.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$15,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| BofA Global MegaTrends Index | Annual | -- | 120% | -- |
| S&P 500 Daily Risk Control 5% Total Return (USD) Index | Annual | -- | 175% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | 11% | 100% | -- |
| S&P 500 Index | Annual | 8.5% | 100% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 175% | -- |
| Fixed Account | Daily | -- | -- | 3.75% |
Key Features
Index Choices
S&P 500, S&P MARC 5% ER, S&P 500 Daily Risk Control 5% ER, S&P 500 ESG Daily Risk Control 5% ER, BofA Global MegaTrendsFive different indices available including S&P 500, diversified multi-asset, and ESG-focused options
Crediting Strategies
5 options: Index Participation Rate, Enhanced Index Participation Rate, Index Cap Rate, Enhanced Cap Rate, Fixed InterestMultiple ways to earn interest: participation rates (you get a percentage of index gains), cap rates (gains capped at a set level), or fixed interest
Downside Protection
100% downside protectionYour account never participates in index losses—when markets decline, you earn 0% but don't lose principal
GMAB (Guaranteed Minimum Accumulation Benefit)
Guarantees minimum return of principalOne-time adjustment ensures your account value reaches at least 100% of your original premium minus any withdrawals
Penalty-Free Access
10% annual + special circumstancesWithdraw up to 10% annually without surrender charges after year one, plus waivers for required distributions, nursing home, terminal conditions, and death
Surrender Period
9.4%, 8.5%, 7.5%, 6.5%, 5.5%, 4.5%, 3.5%, 2.5%, 1.5%, 0.5%10-year surrender charge schedule declining from 9.4% in year 1 to 0.5% in year 10
Market Value Adjustment
Applies to early withdrawalsApplied to withdrawals and surrenders subject to surrender charges; waived when surrender charge is waived
Highlights
Choose from 5 different indices and 5 crediting strategies to match your financial goals
Earn returns linked to index performance with downside protection—you never lose money if the index declines
Guaranteed Minimum Accumulation Benefit (GMAB) ensures your account value never falls below your original premium minus withdrawals
Access to 10% annual penalty-free withdrawals plus waivers for required distributions, nursing home residency, and terminal conditions
Surrender Schedule
Yr 1
9.4%
Yr 2
8.5%
Yr 3
7.5%
Yr 4
6.5%
Yr 5
5.5%
Yr 6
4.5%
Yr 7
3.5%
Yr 8
2.5%
Yr 9
1.5%
Yr 10
0.5%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Investors aged 59½+ seeking growth tied to market performance who want downside protection and the flexibility to access their funds with predictable penalty schedules.
Consider Alternatives If
Investors needing immediate access to funds, those in lower tax brackets who benefit from tax-deferred growth less, or those uncomfortable with a 10-year commitment period.
Carrier Ratings
Free Comparison Report
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