OrionShield 5
AuguStar Financial
8.6%
Best Cap
10%
Free W/D
51
States
OrionShield is a fixed indexed annuity designed to help you accumulate retirement assets with growth potential tied to market indices, while protecting your principal from market losses. It's ideal for people nearing retirement who want growth without the risk of sudden market swings.
Free Withdrawal
10%/yr
Available In
51 states
Min Premium
$25,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Dynamic Balanced Asset 10 Index | Annual | -- | 66% | -- |
| Multi-Asset Dynamic Managed 5 Index | Annual | -- | 144% | -- |
| Nasdaq Night Owl Index | Annual | -- | 55% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 51% | -- |
| S&P 500 Index | Annual | 8.6% | 100% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 129% | -- |
| Strategic Dynamic Balanced Asset 8 Index | Annual | -- | 94% | -- |
| Fixed Account | Daily | -- | -- | 3.1% |
Key Features
Downside Protection
0% minimum annual returnYour contract value cannot go down due to market losses. Interest credited is never negative.
Upside Participation
Varies by crediting strategy (participation rates or return caps)When market indices perform well, you earn credited interest based on that positive growth.
Optional Premium Bonus
5-21% bonus at issueReceive an immediate bonus on your purchase amount (5-21% depending on age), which then compounds like your regular contract value.
Tax-Deferred Growth
+33% more growth over 30 years vs. taxable investmentsYou don't pay taxes on gains until you withdraw—allowing faster compounding.
Multiple Crediting Strategies
8 distinct index-based and fixed optionsChoose from Group A strategies (S&P Dynamic, Nasdaq Night Owl, balanced asset indices) and Group B options (S&P 500 Index, Fixed Account).
Guaranteed Accumulation Protection (GAP)
107% minimum per termEnsures minimum credited interest (107% of contract value) after the surrender period ends, then resets for the next term.
Death Benefit
Full account value optionBeneficiaries may receive the full account value without penalty during the accumulation phase.
Highlights
Your money is protected from market losses with a contractual floor—gains can go up but never down due to market downturns
Optional Premium Bonus gives you an immediate boost (5-21%) to jump-start growth, with that bonus compounding over time
Tax-deferred growth compounds faster—a $100,000 investment could grow to $432,194 in 30 years versus $288,930 in a taxable account
Choose from multiple crediting strategies tied to stock indices, giving you growth potential without direct market risk
Guaranteed Accumulation Protection ensures minimum credited interest after the surrender period ends
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
Nursing home waiver
Best For
People at or nearing retirement who want growth potential but are concerned about market losses and sudden swings, and who are looking for a way to grow assets they cannot afford to lose.
Consider Alternatives If
People who need frequent access to their money (due to surrender charges) or who are comfortable with significant market volatility and can accept market losses.
Carrier Ratings
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