OrionShield 7 with Premium Bonus
AuguStar Financial
6.25%
Best Cap
10%
Free W/D
51
States
OrionShield is a fixed indexed annuity that protects your principal from market losses while letting you participate in stock market gains through various index-tracking strategies. It's designed for people at or near retirement who want growth potential without the risk of losing their savings.
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 | -- | 75% | -- |
| Multi-Asset Dynamic Managed 5 Index | Annual | -- | 163% | -- |
| Nasdaq Night Owl Index | Annual | -- | 58% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 56% | -- |
| S&P 500 Index | Annual | 6.25% | 100% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 136% | -- |
| Strategic Dynamic Balanced Asset 8 Index | Annual | -- | 103% | -- |
| Fixed Account | Daily | -- | -- | 2.45% |
Key Features
Contractual Floor
0% minimum annual returnYour annuity value cannot decline due to market losses; credited interest is locked in and protected from market downturns
Index-Based Growth
Varies by strategy; participation rates and caps applyYour credited interest is based on the performance of specific market indices like the S&P 500, excluding direct stock ownership
Premium Bonus (Optional)
5%-21% depending on age and product tierAdd a bonus equal to 5-21% of your initial investment that compounds like the rest of your contract value
Tax-Deferred Growth
Can add 13%-33% more growth over 10-30 years vs. taxable accountsNo taxes on gains until you withdraw—allows compound growth to accelerate significantly over time
Guaranteed Accumulation Protection (GAP)
107% of starting contract value per term (7-year example)After the surrender period ends, you're guaranteed a minimum percentage of credited interest each term
Multiple Crediting Strategies
Group A strategies (for premium bonus) include dynamic, multi-asset, and controlled-volatility optionsChoose from 8 strategies including volatility-controlled indices and traditional S&P 500 cap-based crediting
Death Benefit
Available if death occurs before annuitizationBeneficiaries can receive the full account value without penalty during the accumulation phase
Surrender Period
7-year and 10-year options availableLock-in period (typically 7-10 years) after which you can withdraw funds without surrender charges
Highlights
Principal protection: Your money can't go down due to market losses, but grows when markets perform well
Tax-deferred growth: Gains compound faster because you don't pay taxes until withdrawal
Optional Premium Bonus: Get an immediate bonus (5-21% depending on age) that also earns interest
Flexible crediting strategies: Choose from multiple index-based options including volatility-controlled strategies
Guaranteed Accumulation Protection: 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 assets they can't afford to lose, seek protection from market volatility, and prefer tax-deferred growth with index-linked potential.
Consider Alternatives If
People who need immediate access to their funds, have a short time horizon, or require liquidity before 7-10 years; also not available in California.
Carrier Ratings
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From the AdvisorWorld.com Community