OrionShield 7
AuguStar Financial
8.6%
Best Cap
10%
Free W/D
51
States
OrionShield is a fixed indexed annuity designed to grow your retirement savings with the safety of downside protection and the growth potential of market indices. It's ideal for people nearing retirement who want growth without the risk of market losses.
Free Withdrawal
10%/yr
Available In
51 states
Min Premium
$25,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Dynamic Balanced Asset 10 Index | Annual | -- | 64% | -- |
| Multi-Asset Dynamic Managed 5 Index | Annual | -- | 140% | -- |
| Nasdaq Night Owl Index | Annual | -- | 54% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 50% | -- |
| S&P 500 Index | Annual | 8.6% | 100% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 125% | -- |
| Strategic Dynamic Balanced Asset 8 Index | Annual | -- | 91% | -- |
| Fixed Account | Daily | -- | -- | 3.15% |
Key Features
Contractual Floor
0% minimum annual returnYour account value cannot decline due to market downturns; credited interest and principal are protected
Index-Based Growth
Variable based on index performance and crediting methodYour credited interest is based on the performance of stock market indices like the S&P 500, with no direct market investment
Tax Deferral
+13% to +33% more growth over 10-30 years vs. taxable accountsYou pay no taxes on gains until you withdraw money, allowing growth to compound more quickly
Premium Bonus (Optional)
5% to 21% depending on age and product choiceAdd an immediate bonus of 5–21% to your starting balance that grows and compounds with your contract
Multiple Crediting Strategies
Participation rates and caps vary by strategyChoose from 8 different crediting strategies (Group A and B) that track various indices and volatility targets
Guaranteed Accumulation Protection (GAP)
107% of contract value minimum per termAfter your surrender period ends, you're guaranteed a minimum percentage of growth on each new term
Death Benefit
Full account value passed to beneficiariesDuring accumulation, your beneficiaries can receive your full account value without surrender charges
Highlights
Your money is protected from market losses with a guaranteed floor—gains lock in regularly but losses never happen
Optional Premium Bonus gives you an immediate boost to your starting balance, jump-starting growth
Tax-deferred growth compounds faster without annual tax bills, potentially adding 33% more after 30 years
Multiple crediting strategies let you choose how your interest is earned based on different market indices
Guaranteed Accumulation Protection (GAP) ensures minimum growth after the surrender period ends
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 at or nearing retirement who want to grow their essential assets without market risk, are concerned about market volatility and bad retirement timing, and need both growth potential and capital protection.
Consider Alternatives If
Investors who need immediate, penalty-free access to their money or who require direct stock market participation and the ability to capture full market upside including dividends.
Carrier Ratings
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