ClearFlex
Clear Spring Life
10.25%
Best Cap
10%
Free W/D
49
States
ClearFlex is a fixed indexed annuity that lets you grow your retirement savings with the potential for market-linked returns while protecting your money from market losses. It's designed for people who want growth but can't afford the risk of losing what they've already saved.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$5,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| BNP Paribas Technology Balanced 7 Index | Annual | -- | 135% | -- |
| S&P 500 Index | Annual | 10.25% | 100% | -- |
| S&P 500 Sector Rotator Daily RC2 5% Index ER | Annual | -- | 155% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 180% | -- |
| Fixed Account | Daily | -- | -- | 4.6% |
Key Features
Downside Protection
Your account value can never decrease due to market volatility, and credited interest is never less than zero
Growth Opportunity
Varies by index and strategy selectedInterest is credited annually based on the performance of indexes you select (S&P 500, multi-asset, technology-focused, or sector rotation strategies)
Tax Deferral
Potentially 26% more savings over 20 years vs. taxable accountsYou don't pay taxes on earnings each year; taxes are delayed until withdrawal, allowing interest to compound
Flexible Premiums
Initial: $5,000+ qualified / $10,000+ non-qualified; Additional: $1,000 one-time or $250 monthlyMake an initial deposit and add more money over time (up to 10 years) with low minimums for additional deposits
Multiple Index Strategies
S&P 500, S&P MARC 5%, Sector Rotator, BNP Paribas Technology Balanced 7, or Fixed AccountChoose from five different indexed strategies plus a fixed account, and change allocations annually on your contract anniversary
Penalty-Free Withdrawal
10% of initial premium in year 1; 10% of account value in years 2+Access up to 10% of your account value annually without surrender charges or market value adjustments
Surrender Charge Schedule
10% in year 1, decreasing to 0% in year 11 and beyondSurrender charges decline over time if you need to withdraw beyond the penalty-free amount
Highlights
Protection from market downturns with no loss of principal due to market volatility
Growth opportunity linked to stock market indexes without direct stock market exposure
Tax-deferred growth that compounds over time, potentially adding significant value
Flexible premium payments allowing systematic investing over time
Multiple index strategies to choose from based on your risk tolerance
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
People ages 0-80 who want to accumulate retirement savings with protection from market losses, including middle-aged and pre-retirees who can tolerate a longer investment horizon and want to balance growth with security.
Consider Alternatives If
Investors who need immediate access to their full account balance without penalties, those with less than a 5-10 year investment horizon, or anyone who cannot tolerate the surrender charge schedule.
Carrier Ratings
Free Comparison Report
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From the AdvisorWorld.com Community