Target Income Choice vs Allianz 222

Side-by-side comparison with live CANNEX rate data

Delaware Life

Target Income Choice

Protected growth + Guaranteed lifetime income

Cap Rate

4.5%

Participation

52%

Fixed Rate

2.5%

Free W/D

10%

A.M. BestA-
Standard & Poor'sA-

Strategies (6)

First Trust Capital Strength Barclays 10% Index52% part
Franklin SG Select Index73% part
Invesco QQQ Trust Series 14.5% cap
Janus Henderson Adaptive Market Leaders U.S. Index77% part
S&P 500 Index4.5% cap

Surrender (10 yrs)

Y1 10%Y2 9%Y3 8%Y4 7%Y5 6%Y6 5%Y7 4%Y8 3%Y9 2%Y10 1%

Waivers

Nursing home waiverRMD waiverTerminal illness waiver
States50
Min Premium$25,000
Issue Age50–85

Best For

Pre-retirees and retirees ages 50-85 who want guaranteed lifetime income, downside market protection, and inflation-fighting growth potential, especially those concerned about longevity risk and market volatility.

Allianz Life Insurance Company of North America

Allianz 222

Fixed index annuity with bonuses and guaranteed lifetime income potential

Cap Rate

4.5%

Participation

100%

Fixed Rate

2.8%

Free W/D

10%

A.M. BestA+
Moody'sAa3
Standard & Poor'sAA

Strategies (9)

BlackRock iBLD Claria II Excess Return Index100% part
Bloomberg US Dynamic Balance II ER Index85% part
PIMCO Tactical Balanced ER Index105% part
S&P 500 Futures Daily Risk Control 5% Index Excess Return145% part
S&P 500 Index4.5% cap

Surrender (10 yrs)

Y1 10%Y2 10%Y3 10%Y4 8.75%Y5 7.5%Y6 6.25%Y7 5%Y8 3.75%Y9 2.5%Y10 1.25%

Waivers

Nursing home waiver
States1
Min Premium$20,000
Issue Age0–80

Best For

Retirement savers who want principal protection with growth potential and guaranteed lifetime income, especially those not needing immediate income.

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