Orbiter Growth 7 with Premium Bonus
AuguStar Financial
6.95%
Best Cap
10%
Free W/D
51
States
Orbiter Growth is a fixed indexed annuity designed for people nearing or in retirement who want growth potential without the risk of market losses. Your interest is tied to market indices, but your principal and locked-in gains are protected by a contractual floor.
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 | -- | 119% | -- |
| S&P 500 Index | Annual | 6.95% | 100% | -- |
| US Balanced Asset 10 Index | Annual | -- | 69% | -- |
| US Daily Risk Managed 12 Index | Annual | -- | 58% | -- |
| US Multi-Asset Diversified 5 Index | Annual | -- | 136% | -- |
| US Multi-Asset Risk Managed 5 Index | Annual | -- | 133% | -- |
| US Strategic Balanced Asset 8 Index | Annual | -- | 86% | -- |
| Fixed Account | Daily | -- | -- | 2.5% |
Key Features
Contractual Floor
Principal + credited gains fully protectedYour contract value cannot decline due to market downturns. Any index losses result in 0% credited interest, not negative returns.
Premium Bonus Rider
5-10% immediate boostReceive an upfront bonus equal to 5% (7-year) or 10% (10-year) of your initial investment with no added cost, though rates are slightly lower.
Index Options
9 crediting strategy optionsChoose from 6 managed indices (US Daily Risk Managed 12, US Balanced Asset 10, US Strategic Balanced Asset 8, US Multi-Asset Diversified 5, US Multi-Asset Risk Managed 5, Barclays Global Trailblazer) plus S&P 500 and fixed account.
Enhanced Guaranteed Accumulation Protection (EGAP)
112.5% to 140% of starting balance guaranteedOptional simple-interest annual growth guarantee (2.5-4% depending on term and Group A allocation) that credits if contract value falls below the guaranteed amount at end of surrender period.
Tax Deferral
Up to 33% more growth over 30 years vs. taxableGrowth compounds tax-free until withdrawal, allowing gains to accelerate faster than taxable accounts.
Crediting Methods
Multiple strategies per contract durationChoose between Participation Rate (capture % of index gains), Cap (maximum annual credit), Trigger (guaranteed floor rate), or Fixed Account crediting strategies.
Contract Durations
5, 7, or 10-year termsAvailable in 5-year, 7-year, and 10-year surrender periods with varying bonus and rate options.
Death Benefit
Full contract value availableFull account value may pass to beneficiaries without surrender charge penalty during accumulation phase if annuitant dies before annuitization.
Highlights
Your money is protected from market losses with a contractual floor—gains lock in regularly while downside is eliminated
Optional Premium Bonus gives you an immediate 5-10% boost to your starting balance with no extra cost
Multiple index options let you diversify across U.S. stocks, bonds, commodities, and international markets
Tax-deferred growth compounds faster—over 30 years, you could have 33% more than taxable alternatives
Enhanced Guaranteed Accumulation Protection (EGAP) ensures a minimum return of 2.5-4% annually, backed by the insurer
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 near or in retirement who want growth potential without market risk, have assets they cannot afford to lose, and seek stability with tax-deferred compounding.
Consider Alternatives If
People who need immediate access to their money, are in a low tax bracket, or have shorter time horizons than the surrender period chosen.
Carrier Ratings
Free Comparison Report
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From the AdvisorWorld.com Community