WealthChoice 7
Guaranty Income Life
13%
Best Cap
10%
Free W/D
47
States
WealthChoice is a fixed indexed annuity that lets you grow retirement savings with market participation upside while protecting principal from downturns. It's designed for people who want growth potential without stock market risk and need flexible access to their money.
Free Withdrawal
10%/yr
Available In
47 states
Min Premium
$20,000
Surrender
7 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 | 13% | 100% | -- |
| S&P 500 Index | Annual | 10.5% | 100% | -- |
| S&P 500 Index | Monthly | 2.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 5% |
Key Features
Principal Guarantee
100% protectionYour initial premium is guaranteed never to lose value due to market declines, no matter what happens to the underlying indexes
Indexed Interest Crediting
Market-linked or fixed optionsEarn interest based on the performance of external market indexes, or choose fixed interest rate for predictability
Free Partial Withdrawals
10% annuallyAccess up to 10% of your account value annually without penalties, starting in year one
Lifetime Income Rider (GLBR)
0.95% annual costAvailable on 7- and 10-year plans; provides guaranteed income for life based on account value and your age
Return of Premium Guarantee
Year 5+After year five, your account value at full surrender is guaranteed to be at least your initial premium (adjusted for withdrawals)
Premium Bonus (10-Year Only)
Available on WealthChoice 10Optional rider that adds a bonus percentage to your initial and early premiums with no additional cost
Tax-Deferred Growth
Full deferral until withdrawalEarnings compound without annual tax liability, allowing faster accumulation than taxable accounts
Contract Terms
5, 7, or 10 yearsChoose between 5-, 7-, or 10-year surrender charge periods based on your timeline and needs
Highlights
Principal protection—your money never loses value due to market downturns, even when indexed to market performance
Tax-deferred growth with compound interest on earnings, accelerating wealth accumulation over time
Flexible income options including lifetime income rider and multiple payout strategies customized to your needs
Optional premium bonus on 10-year contracts and return of premium guarantee after year five
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, RMD waiver, Terminal illness waiver
Best For
Investors aged 50+ seeking tax-deferred growth with downside protection, who can commit capital for 5-10 years and want flexible income options in retirement without stock market risk.
Consider Alternatives If
Those who need immediate or frequent access to funds without penalties, or investors seeking unlimited upside participation and willing to accept market losses.
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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From the AdvisorWorld.com Community