Highlander
Clear Spring Life
7.5%
Best Cap
10%
Free W/D
50
States
The Highlander is a 10-year fixed indexed annuity that combines a 10% premium bonus with S&P 500 index-linked growth (capped) and downside protection, designed for people nearing or in retirement who want market upside without market risk.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$5,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 55% | -- |
| S&P 500 Index | Annual | 7.5% | 100% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 170% | -- |
| Fixed Account | Daily | -- | -- | 3.6% |
Key Features
Premium Bonus
10%An immediate 10% bonus added to your account value on all premiums deposited in the first year
Index Crediting with Cap
Cap rates vary; example shows 7% capYou receive 100% of S&P 500 gains up to a preset cap rate each year; if the index declines, you receive 0% (no loss to your account)
Tax Deferral
Taxed at withdrawalInterest earned is not taxed until you withdraw, allowing compound growth on pre-tax dollars
Free Withdrawals
10% annuallyAccess up to 10% of account value penalty-free each year starting in year two
Nursing Home & Terminal Illness Waiver
After year oneFull account access without surrender charges if confined to nursing home for 90+ days or diagnosed with terminal illness
Issue Age Range
Ages 0-80Contract available for individuals ages 0-80
Minimum Premiums
$5,000–$10,000Qualified accounts require $5,000 minimum; non-qualified require $10,000 minimum
Highlights
10% upfront premium bonus that immediately boosts your account value
Earn a portion of S&P 500 gains with a cap rate while protecting against market losses
Optional Lifetime Withdrawal Rider provides guaranteed income for life
Tax-deferred growth means you earn interest on money you'd otherwise pay taxes on
Protects against sequence of returns risk during retirement through market downside protection
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 55-80 nearing or in retirement who want S&P 500 upside potential with protection against market losses and the security of guaranteed lifetime income.
Consider Alternatives If
People seeking aggressive growth, liquidity before 10 years, or direct stock market participation should avoid this product.
Carrier Ratings
Free Comparison Report
Get a personalized Highlander illustration
See year-by-year projections for your specific age, premium, and income goals.
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From the AdvisorWorld.com Community