WealthChoice 10 No Bonus
Guaranty Income Life
11%
Best Cap
10%
Free W/D
47
States
WealthChoice is a tax-deferred fixed index annuity offering competitive growth potential with protection against market losses, plus optional guaranteed lifetime income. It's designed for investors seeking balance between growth and security with flexible access to their money.
Free Withdrawal
10%/yr
Available In
47 states
Min Premium
$20,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Global Quality 5% Index | Annual | -- | 165% | -- |
| Horizon Ascend 5% Index | Annual | -- | 10% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | 11% | 100% | -- |
| S&P 500 Index | Annual | 10% | 100% | -- |
| S&P 500 Index | Monthly | 2.25% | 100% | -- |
| Fixed Account | Daily | -- | -- | 5% |
Key Features
Three Contract Terms
5, 7, or 10 yearsChoose WealthChoice 5, 7, or 10 year surrender charge schedules based on your liquidity needs and income timeline
Free Partial Withdrawals
10% per yearAccess 10% of your prior year's account value annually without surrender charges or penalties
Return of Premium
After year 5After year 5, any full surrender returns at least 100% of premiums paid, reduced by previous withdrawals
RMD-Friendly
All versionsSupports required minimum distributions without penalties or extra charges
Guaranteed Living Benefit Rider (GLBR)
95 basis points annuallyOptional rider providing lifetime income withdrawals regardless of account balance, available through age 80
Premium Bonus Rider
WealthChoice 10 onlyWealthChoice 10 only: receive an upfront bonus on initial premiums with no fee (though caps and pars are lower)
Terminal Illness & Nursing Home Waiver
IncludedSurrender charges and market value adjustments waived if diagnosed with terminal illness or confined to nursing home
Death Benefit Enhancement
110% multiplierIf beneficiary elects a 5+ year payout option, death benefit is multiplied by 110% before determining payments
Minimum Guaranteed Surrender Value
87.5% guaranteeCash surrender value never falls below 87.5% of accumulated premiums at Standard Nonforfeiture Law rate
Highlights
Tax-deferred growth with downside protection from market downturns
Flexible withdrawal options including 10% annual free withdrawals and return of premium after year 5
Optional lifetime income rider (GLBR) available through age 80 for guaranteed withdrawals for life
Optional premium bonus on WealthChoice 10 with no rider fee
Wide issue age range (0-90) and premium flexibility ($20,000-$1,000,000)
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, RMD waiver, Terminal illness waiver
Best For
Investors age 0-90 seeking tax-deferred growth with downside protection, guaranteed income options, and flexibility for retirement planning or long-term wealth accumulation.
Consider Alternatives If
Investors needing immediate liquidity or those who cannot commit capital for at least 5-7 years, as surrender charges significantly reduce early withdrawal values.
Carrier Ratings
Free Comparison Report
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See year-by-year projections for your specific age, premium, and income goals.
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