IncomeShield FIA Is Getting Even Better
You probably already know that IncomeShield fixed index annuity was the #1 selling 10-year guaranteed lifetime income benefits solution with independent agents, 9 quarters in a row.*
Now that best-seller is getting even better! Starting today, all IncomeShield contracts– both new and inforce, will have access to our enhanced IncomeShield features, including:
New Index Options
- BofA Destinations IndexTM (BOFADST5)
- Credit Suisse Tech Edge Index (CSEATEDG)
- SG Global Sentiment (SGIXSENT)
New Strategy Options
- More 1- and 2-year index-linked crediting strategies, including 2-year S&P 500® strategies (2-year index-linked crediting strategies only available on IncomeShield 10/IncomeShield 9 in CA)
Same Great Base Benefits
- 7% Premium Bonus on all first-year premiums (only available on IncomeShield 10/IncomeShield 9 in CA)**
- 5 optional Lifetime Income Benefit Rider options
- S&P 500® Index-linked crediting options
- Principal protection
- Tax-deferred growth potential
All in-force contracts will have the new index options on anniversaries beginning July 6, 2022.
* Source: Secure Retirement Institute: Index Annuity Guaranteed Lifetime Withdrawal Benefit (GLWB) Survey, tracking the amount of sales and assets in which GLWB were elected through 03/31/22, in the independent agent channel. To request a copy of the data, contact American Equity Investment Life Insurance Company.
**Only available on IncomeShield 10/IncomeShield 9 in CA. Bonus available on 1st year premiums. Each year after the 1st contract year, clients become vested in a percentage of the bonus, until 100% vested at the end of the 10th contract year. Vested amounts of the bonus are the amounts not forfeited as a result of an early withdrawal or surrender. Bonus, surrender charges, and vesting schedules may vary by state. See brochure and disclosure for details.