Aquila V
GCU
10%
Free W/D
29
States
The Aquila V is a fixed indexed annuity that protects your principal while offering growth potential through market index participation. It's designed for retirees who want guaranteed income for life, tax-deferred growth, and the flexibility to access their money when needed.
Free Withdrawal
10%/yr
Available In
29 states
Min Premium
$10,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays US Tech 12% Index | Annual | -- | 50% | -- |
| Barclays Zorya 5% Index | Annual | -- | 130% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 55% | -- |
| Fixed Account | Daily | -- | -- | 4.25% |
Key Features
Fixed Interest Rate
At least 1.0% guaranteedGuaranteed minimum rate for the first contract year with declaration at the beginning of each subsequent year
Index-Linked Interest
85% minimum participation on Zorya 5%; 40% minimum on Tech 12% during surrender periodParticipation in Barclays Zorya 5% Index (diversified US equities and fixed income) and Barclays US Tech 12% Index (largest non-financial Nasdaq stocks)
Tax-Deferred Growth
Tax deferred until withdrawalYour money grows without paying taxes until you withdraw it, allowing faster accumulation
Lifetime Income
Income Elevate included free; Income Pro and Income Elite available for annual feeGuaranteed income for life through multiple payout options, even if account value reaches zero
Penalty-Free Withdrawals
10% annual free withdrawal Years 2-5; unlimited after Year 5Starting in Year 2, withdraw up to 10% annually without surrender charges; after Year 5, all withdrawals are penalty-free
Death Benefit
Full account value if death occurs before payouts beginBeneficiaries receive remaining account value or continuing income payments depending on payout option selected
Living Benefit Riders
Available for qualifying life eventsAccess funds for terminal illness (up to 100%), nursing home care (up to 100% after 90 days), or wellness needs without surrender charges
Additional Deposits
Allowed through annuity's 1st anniversary dateYou can make supplemental contributions to grow your annuity
Highlights
Principal protection with tax-deferred growth and the ability to earn indexed returns based on market index performance
Lifetime income options ensure you never outlive your money, even if your account value reaches zero
You control your allocation between fixed interest, index strategies, or a combination of both
Penalty-free withdrawals starting in Year 2 (up to 10% annually) with no surrender charges after Year 5
Multiple living benefit riders available for terminal illness, nursing home, and wellness needs
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees seeking guaranteed lifetime income, principal protection, potential index-linked growth, and flexibility to access funds while maintaining tax-deferred growth.
Consider Alternatives If
Investors needing immediate access to their full principal without penalty, those with short life expectancy seeking to maximize liquidity, or individuals in high tax brackets seeking to avoid tax-deferred growth structures.
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