Orbiter Growth 7
AuguStar Financial
9.25%
Best Cap
10%
Free W/D
51
States
Orbiter Growth is a fixed indexed annuity designed for people near or in retirement who want growth potential tied to market indices without the risk of losing principal. It combines downside protection with upside participation, making it ideal for those who can't afford losses but still need their money to grow.
Free Withdrawal
10%/yr
Available In
51 states
Min Premium
$25,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Global Trailblazer Index | Annual | -- | 140% | -- |
| S&P 500 Index | Annual | 9.25% | 100% | -- |
| US Balanced Asset 10 Index | Annual | -- | 82% | -- |
| US Daily Risk Managed 12 Index | Annual | -- | 76% | -- |
| US Multi-Asset Diversified 5 Index | Annual | -- | 178% | -- |
| US Multi-Asset Risk Managed 5 Index | Annual | -- | 157% | -- |
| US Strategic Balanced Asset 8 Index | Annual | -- | 101% | -- |
| Fixed Account | Daily | -- | -- | 4.35% |
Key Features
Contractual Floor
100% downside protectionPrincipal and credited interest cannot decrease due to market losses. If indices perform negatively, your account earns 0% for that period instead of losing value.
Premium Bonus Rider
5-10% instant boost depending on contract termReceive an immediate bonus of 5% (7-year) or 10% (10-year) added to your initial investment, which then earns interest like your base contract.
Enhanced Guaranteed Accumulation Protection (EGAP)
112.5%-140% of initial investment guaranteedGuarantees minimum annual simple interest growth on your premium (2.5-4% depending on term and allocation). You receive the higher of your index-earned value or the EGAP value at contract end.
Index Options with Diversification
Multiple crediting methods: participation rates, caps, triggersChoose from 6 managed indices (Group A) with target volatility strategies or the S&P 500, plus a 1-year fixed account. Mix allocations to match your risk tolerance.
Crediting Flexibility
Varies by index and contract termMultiple crediting methods capture index gains differently—participation rates share a percentage of gains, caps limit gains, and performance triggers lock in set rates in up markets.
Tax-Deferred Growth
+13% to +33% more growth over 10-30 years vs. taxable accountsNo taxes on gains until withdrawal. Money compounds internally without annual tax drag, creating significantly more wealth over time.
Contract Terms
5, 7, or 10 yearsAvailable in 5-year, 7-year, and 10-year surrender charge periods. Longer terms qualify for higher premium bonuses and higher EGAP guarantees.
Death Benefit
Available during accumulation phaseBeneficiaries may receive the full account value without penalty during the accumulation phase if you pass away before annuitization.
Highlights
Your money cannot lose value due to market downturns—it has a contractual floor protecting your principal
Participate in stock market index growth potential without direct market exposure or dividend inclusion
Optional Premium Bonus (5-10%) gives your retirement savings an immediate head start
Enhanced Guaranteed Accumulation Protection (EGAP) guarantees minimum annual growth of 2.5-4%
Tax-deferred growth compounds faster, creating 13-33% more wealth over 10-30 years versus taxable accounts
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver
Best For
People nearing or already in retirement who want growth potential without market risk exposure, have assets they cannot afford to lose, and seek stability combined with the opportunity to participate in index gains.
Consider Alternatives If
Investors who need immediate access to their full principal without surrender charges, those in lower tax brackets who don't benefit from tax deferral, or those seeking unlimited upside participation in direct stock investments.
Carrier Ratings
Free Comparison Report
Get a personalized Orbiter Growth 7 illustration
See year-by-year projections for your specific age, premium, and income goals.
AuguStar Financial Discussions
DIAs vs SPIAs: Why Waiting 2 Years Could Boost Your Payout by 1.5-2%
Athene Aviator FIA: Does 'Simplified' Mean Lower Returns?
Ohio National's New Rider vs Market Leaders: Cap Rate Reality Check
Value Protection vs. Higher Payouts: The Trade-Off Most Retirees Miss
From the AdvisorWorld.com Community