OrionShield 7 with Premium Bonus
AuguStar Financial
6.25%
Best Cap
10%
Free W/D
51
States
OrionShield is a fixed indexed annuity designed for people at or near retirement who want growth potential without market risk. Your money earns interest based on stock market index performance, but is protected from losses 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 |
|---|---|---|---|---|
| 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
Protected principal + locked-in gainsYour account value cannot go down due to market losses. If index returns equal 0% or are negative, you earn 0% interest but keep your principal.
Index-Linked Growth
Variable return potential (subject to caps or participation rates)Your credited interest is based on the performance of stock market indices like the S&P 500, excluding dividends. You participate in upside but not downside.
Premium Bonus Rider (Optional)
5% to 21% bonus on premium investedReceive a bonus equal to 5-21% of your initial investment (depending on age and product selected), which then grows and compounds with your contract value.
Tax-Deferred Growth
Up to 33% more growth over 30 years vs. taxable investments (hypothetical example)No taxes owed on gains until withdrawal. Money compounds faster inside the annuity without annual tax drag.
Guaranteed Accumulation Protection (GAP)
Minimum 7% growth guarantee per termAfter the surrender period ends, you're guaranteed a minimum percentage increase (e.g., 107% of starting value for 7-year term), even if market performance is flat.
Multiple Crediting Strategies
8 strategy options including S&P 500, Nasdaq, multi-asset, and fixed accountChoose from 8 different index-based or fixed-rate strategies, including volatility-controlled options designed to reduce downside risk.
Death Benefit
Full account value passes to heirsIf you pass away during the accumulation phase, your beneficiaries can receive the full account value without penalty.
Highlights
Your money is protected from market downturns with a contractual floor—it can't lose value due to market losses
Earn interest based on stock market index performance when markets perform well, with potential for higher returns than bonds or CDs
Optional Premium Bonus gives you extra money upfront to jump-start your growth
Tax-deferred growth allows your money to compound faster without annual tax hits
Guaranteed Accumulation Protection (GAP) 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%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver
Best For
Individuals at or near retirement who want to grow their assets without market risk, have funds they cannot afford to lose, and are concerned about market downturns and volatility.
Consider Alternatives If
People who need immediate access to their money, are in a higher tax bracket and comfortable with taxable investments, or need maximum growth without any caps on returns.
Carrier Ratings
Free Comparison Report
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