Annuity rate data updated daily

Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates

Fixed Indexed Annuity

Allianz Benefit Control+

Allianz

4%

Best Cap

10%

Free W/D

49

Jurisdictions

Product data status: May 25, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Live product data

Rates as of May 25, 2026, based on the latest AdvisorWorld scan of CANNEX data.

S&P 500 cap rate (PIV chassis)

4% cap on S&P 500

A long-surrender fixed indexed annuity from an A+ rated carrier with a 10-year MVA schedule, a mix of S&P 500 cap exposure and proprietary participation-rate options, and a 49-jurisdiction footprint (every US state except New York and Oregon, plus DC) that covers almost every buyer in the country.

Built-in income — no rider feeAnnual creditingAdvisorWorld + CANNEX data

Best fit

Buyers committing to a long deferral who want lifetime income delivered through the contract's Protected Income Value framework rather than a separately-elected GLWB rider, with a mix of S&P 500 cap exposure and proprietary participation-rate strategies from a large A+ rated carrier.

AM Best

A+ Superior

Surrender period

10 years

Free withdrawal

10%/yr

Availability

49 jurisdictions (excl. New York, Oregon)

Featured crediting strategies

Index / strategyRate mechanics

S&P 500

S&P 500 Index

1.5% cap rate

S&P 500

S&P 500 Index

4% cap rate

S&P 500

S&P 500 Index

100% participation rate + 3.15% declared rate

Fixed Account

Fixed Account

2.5% declared rate

+ 8 volatility-controlled index options (Bloomberg US, PIMCO, S&P 500...)

Product analyst notes

How to think about this contract

Why it can stand out

  • Near-nationwide footprint — the contract is filed in 49 jurisdictions (every US state except New York and Oregon, plus DC), so for almost every buyer in the country this is the standard Benefit Control filing rather than a state-restricted variant. Oregon buyers go to the Benefit Control sibling filing; New York buyers are not covered by either.
  • Crediting menu pairs a recognizable S&P 500 annual point-to-point option with a wide bench of proprietary participation-rate strategies, so a buyer can choose between like-for-like comparison and higher-participation alternatives.
  • Issued by an A+ AM Best-rated carrier, sitting in the upper tier of fixed-annuity carrier strength on this site.
  • Free-withdrawal allowance, the full 10-year surrender ladder, and an MVA flag are visible on this page, so the schedule of penalty-free liquidity is not gated behind a sales brochure.
  • A carrier product guide is published as a structured document and appears in the documents section below.

What to confirm

  • This contract is NOT a GLWB-rider product. Benefit Control+ delivers the lifetime-income guarantee through Allianz's Protected Income Value (PIV) framework — a separate income-tracking value built into the contract structure — rather than through an optional GLWB rider with a published withdrawal-rate column. The income guarantee IS the design, not a missing rider; do not compare its lifetime payout side-by-side with a rider-led product without accounting for the mechanic difference (PIV is a tracked income value with deferral rules, not an account-value withdrawal rate).
  • Several of the higher participation rates sit on proprietary, volatility-controlled indexes. They look strong in absolute terms but are not directly comparable to an S&P 500 cap — evaluate each strategy on its own merits.
  • Surrender runs ten years with a market value adjustment in addition to the surrender charge, so an early exit can move with interest-rate conditions on top of the published schedule.
  • Death benefit is cash surrender value with no roll-up and no step-up — this contract is not built around a wealth-transfer story.
  • Minimum premium and issue-age bounds are not always shown on this page — confirm contract minimums and eligibility with the carrier before purchase.

Not ideal for

Buyers who need short-surrender liquidity, a plain MYGA-style declared rate, a contractually published GLWB withdrawal-rate rider (this contract delivers income through PIV, not a rider), or a step-up death benefit — those are not what this contract is built to deliver.

All crediting strategies

View rate listings (22 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 100% + Fixed: 3.15% · 1-yr

S&P 500 Index

trigger

10-yr surrender

Par: 75% · 1-yr

Bloomberg US Dynamic Balance III ER Index

participation

10-yr surrender

Par: 70% · 1-yr

PIMCO Tactical Balanced ER Index

participation

10-yr surrender

Par: 45% · 1-yr

Morgan Stanley Strategic Trends 10 ER Index

participation

10-yr surrender

Par: 41% · 1-yr

Bloomberg US Dynamic Balance III ER Index

1-year Highest Daily Value · participation

10-yr surrender

Par: 40% · 1-yr

Blended Futures Index

participation

10-yr surrender

Par: 30% · 1-yr

S&P 500 Futures Excess Return Index

participation

10-yr surrender

Cap: 4% · 1-yr

S&P 500 Index

cap

10-yr surrender

Fixed: 2.5% · 1-yr

Fixed Account

fixed

10-yr surrender

Cap: 1.5% · 1-yr

S&P 500 Index

monthly_sum_cap

10-yr surrender

Par: 100% + Fixed: 3.15% · 1-yr

S&P 500 Index

Par: 75% · 1-yr

Bloomberg US Dynamic Balance III ER Index

Par: 70% · 1-yr

PIMCO Tactical Balanced ER Index

Par: 45% · 1-yr

Morgan Stanley Strategic Trends 10 ER Index

Par: 41% · 1-yr

Bloomberg US Dynamic Balance III ER Index

1-year Highest Daily Value

Par: 40% · 1-yr

Blended Futures Index

Par: 30% · 1-yr

S&P 500 Futures Excess Return Index

Cap: 4% · 1-yr

S&P 500 Index

Fixed: 2.5% · 1-yr

Fixed Account

Cap: 1.5% · 1-yr

S&P 500 Index

Rate not shown · 2-yr

2-Year MY Point-to-Point with Participation Rate

2-Year MY Point-to-Point with Participation Rate

Rate not shown · 5-yr

5-Year MY Point-to-Point with Participation Rate

5-Year MY Point-to-Point with Participation Rate

Income riders

Income is built into the contract, not an optional rider

This contract delivers lifetime income through the carrier’s Protected Income Value (PIV) chassis — the contract itself, not a separately-elected GLWB rider with its own fee. See the review for how the PIV mechanism works and how it compares to rider-led products.

Linked review

Allianz Benefit Control+ review notes

In-depth Allianz Benefit Control+ annuity review with features, pros, cons, and income benefits explained clearly.

5/5Read review
Nikhil Bhauwala

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

1

Nursing home waiver

Death benefit

Standard Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Strategy guarantee

Minimum guaranteed cap: 0.25%

Strategy guarantee

Minimum guaranteed declared rate: 1.00%

Strategy guarantee

Guaranteed minimum interest rate (fixed): 0.15%

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Yr 1

8.85%

Yr 2

7.85%

Yr 3

7.8%

Yr 4

6.75%

Yr 5

5.7%

Yr 6

4.65%

Yr 7

3.6%

Yr 8

2.55%

Yr 9

1.5%

Yr 10

0.45%

After

0%

Nursing home waiver, Surrender waivers

Documents

product guide

Allianz - Benefit Control Plus - Brochure (ABCPL-001).pdf

Confidence: highReviewed Apr 2, 2026

Direct link not published — request the document from the carrier.

Carrier Ratings

AM BestA+
S&PAa3
S&PAA

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

Allianz Benefit Control+ currently shows 12 distinct indexed or fixed crediting choices across 22 current rate listings, including S&P 500 Index and S&P 500 Futures Excess Return Index, with 7 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, and renewal terms are different mechanics and should not be ranked as one simple rate list.

  • S&P 500 Index: 1.5% cap
  • S&P 500 Index: 4% cap
  • S&P 500 Index: 100% participation

Liquidity terms

Why access rules deserve as much attention as rates

A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.

  • 10%/yr free withdrawal
  • 10 surrender years
  • Nursing home waiver

Verification note

Use carrier materials as term evidence, then confirm the current version

Carrier materials such as Allianz - Benefit Control Plus - Brochure (ABCPL-001).pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 8, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.

  • Rates and rider terms can vary by state and issue age
  • Carrier guarantees depend on claims-paying ability
  • Current contract forms should be confirmed before purchase

Free Comparison Report

Get a personalized Allianz Benefit Control+ illustration

See year-by-year projections for your specific age, premium, and income goals.

Get Free Report

Related Resources