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10.75%
Best S&P 500 cap, 0% floor, 10-yr, $100,000+
10%
Free withdrawal per year
46
States plus DC
Rates as of October 15, 2026. Published by Ibexis and reviewed by AdvisorWorld, with availability reviewed October 24, 2026; confirm rates and state availability before purchase.
Minimum premium
$25,000
Single premium
Issue ages
0–85
10-year term: 0–82
Terms
5, 7 or 10 years
Free withdrawal
10% per year
After the first anniversary
Market value adjustment
Not in California
Free look
30 days
Withdrawal charge period
5, 7 or 10 years
Starts at 9% (8.30% in California)
FIA Plus® from Ibexis is a single-premium fixed indexed annuity sold in 5, 7 and 10 year terms, with six crediting strategies, a choice of floor limit and an optional premium bonus rider.
Current Rates and Strategies
The floor limit is chosen at issue and can change at each anniversary. Lower floors carry higher caps and participation rates but allow negative annual adjustments. A participation rate is the share of the index’s annual change that is credited, so a rate above 100% credits more than the index’s change, subject to the strategy’s terms. The Annual Declared Rate does not follow an index and is set by Ibexis.
FIA Plus 5: 5-year term
Without premium bonus
| Strategy | Rate type | 0%floor | -2.5%floor | -5%floor | -10%floor | -15%floor |
|---|---|---|---|---|---|---|
| Premium $25,000–$99,999 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 9.50% | 10.75% | 12.00% | 15.75% | 19.50% |
| HSBC AI Global Tactical Index | Participation | 128.00% | 154.00% | 174.00% | 198.00% | 204.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 110.00% | 129.00% | 153.00% | 183.00% | 201.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 62.00% | 74.00% | 85.00% | 105.00% | 118.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 62.00% | 74.00% | 87.00% | 113.00% | 129.00% |
| Annual Declared Rate1-year crediting term | Declared | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% |
| Premium $100,000–$2,000,000 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 10.50% | 11.75% | 13.00% | 16.75% | 20.50% |
| HSBC AI Global Tactical Index | Participation | 135.00% | 161.00% | 181.00% | 205.00% | 211.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 117.00% | 136.00% | 160.00% | 190.00% | 208.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 66.00% | 78.00% | 89.00% | 109.00% | 122.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 66.00% | 78.00% | 91.00% | 117.00% | 133.00% |
| Annual Declared Rate1-year crediting term | Declared | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
With premium bonus rider
| Strategy | Rate type | 0%floor | -2.5%floor | -5%floor | -10%floor | -15%floor |
|---|---|---|---|---|---|---|
| Premium $25,000–$99,999 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 5.75% | 7.00% | 7.75% | 10.25% | 12.75% |
| HSBC AI Global Tactical Index | Participation | 89.00% | 116.00% | 136.00% | 160.00% | 168.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 67.00% | 92.00% | 117.00% | 149.00% | 166.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 36.00% | 48.00% | 60.00% | 80.00% | 94.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 36.00% | 49.00% | 63.00% | 89.00% | 106.00% |
| Annual Declared Rate1-year crediting term | Declared | 3.25% | 3.25% | 3.25% | 3.25% | 3.25% |
| Premium $100,000–$2,000,000 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 6.75% | 8.00% | 8.75% | 11.25% | 13.75% |
| HSBC AI Global Tactical Index | Participation | 96.00% | 123.00% | 143.00% | 167.00% | 175.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 74.00% | 99.00% | 124.00% | 156.00% | 173.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 40.00% | 52.00% | 64.00% | 84.00% | 98.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 40.00% | 53.00% | 67.00% | 93.00% | 110.00% |
| Annual Declared Rate1-year crediting term | Declared | 3.45% | 3.45% | 3.45% | 3.45% | 3.45% |
FIA Plus 7: 7-year term
Without premium bonus
| Strategy | Rate type | 0%floor | -2.5%floor | -5%floor | -10%floor | -15%floor |
|---|---|---|---|---|---|---|
| Premium $25,000–$99,999 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 9.50% | 10.75% | 12.00% | 15.75% | 19.50% |
| HSBC AI Global Tactical Index | Participation | 128.00% | 154.00% | 174.00% | 198.00% | 204.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 110.00% | 129.00% | 153.00% | 183.00% | 201.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 62.00% | 74.00% | 85.00% | 105.00% | 118.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 62.00% | 74.00% | 87.00% | 113.00% | 129.00% |
| Annual Declared Rate1-year crediting term | Declared | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% |
| Premium $100,000–$2,000,000 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 10.50% | 11.75% | 13.00% | 16.75% | 20.50% |
| HSBC AI Global Tactical Index | Participation | 135.00% | 161.00% | 181.00% | 205.00% | 211.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 117.00% | 136.00% | 160.00% | 190.00% | 208.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 66.00% | 78.00% | 89.00% | 109.00% | 122.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 66.00% | 78.00% | 91.00% | 117.00% | 133.00% |
| Annual Declared Rate1-year crediting term | Declared | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
With premium bonus rider
| Strategy | Rate type | 0%floor | -2.5%floor | -5%floor | -10%floor | -15%floor |
|---|---|---|---|---|---|---|
| Premium $25,000–$99,999 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 5.75% | 7.00% | 7.75% | 10.25% | 12.75% |
| HSBC AI Global Tactical Index | Participation | 86.00% | 113.00% | 133.00% | 157.00% | 165.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 66.00% | 91.00% | 116.00% | 148.00% | 165.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 36.00% | 48.00% | 60.00% | 80.00% | 94.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 36.00% | 49.00% | 63.00% | 89.00% | 106.00% |
| Annual Declared Rate1-year crediting term | Declared | 3.25% | 3.25% | 3.25% | 3.25% | 3.25% |
| Premium $100,000–$2,000,000 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 6.75% | 8.00% | 8.75% | 11.25% | 13.75% |
| HSBC AI Global Tactical Index | Participation | 93.00% | 120.00% | 140.00% | 164.00% | 172.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 73.00% | 98.00% | 123.00% | 155.00% | 172.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 40.00% | 52.00% | 64.00% | 84.00% | 98.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 40.00% | 53.00% | 67.00% | 93.00% | 110.00% |
| Annual Declared Rate1-year crediting term | Declared | 3.45% | 3.45% | 3.45% | 3.45% | 3.45% |
FIA Plus 10: 10-year term
Without premium bonus
| Strategy | Rate type | 0%floor | -2.5%floor | -5%floor | -10%floor | -15%floor |
|---|---|---|---|---|---|---|
| Premium $25,000–$99,999 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 9.75% | 11.00% | 12.25% | 16.00% | 19.75% |
| HSBC AI Global Tactical Index | Participation | 128.00% | 154.00% | 174.00% | 198.00% | 204.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 110.00% | 129.00% | 153.00% | 183.00% | 201.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 62.00% | 74.00% | 85.00% | 105.00% | 118.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 62.00% | 74.00% | 87.00% | 113.00% | 129.00% |
| Annual Declared Rate1-year crediting term | Declared | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% |
| Premium $100,000–$2,000,000 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 10.75% | 12.00% | 13.25% | 17.00% | 20.75% |
| HSBC AI Global Tactical Index | Participation | 135.00% | 161.00% | 181.00% | 205.00% | 211.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 117.00% | 136.00% | 160.00% | 190.00% | 208.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 66.00% | 78.00% | 89.00% | 109.00% | 122.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 66.00% | 78.00% | 91.00% | 117.00% | 133.00% |
| Annual Declared Rate1-year crediting term | Declared | 4.90% | 4.90% | 4.90% | 4.90% | 4.90% |
With premium bonus rider
| Strategy | Rate type | 0%floor | -2.5%floor | -5%floor | -10%floor | -15%floor |
|---|---|---|---|---|---|---|
| Premium $25,000–$99,999 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 5.50% | 6.50% | 7.25% | 9.75% | 12.25% |
| HSBC AI Global Tactical Index | Participation | 74.00% | 101.00% | 121.00% | 145.00% | 153.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 61.00% | 85.00% | 111.00% | 143.00% | 160.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 36.00% | 48.00% | 60.00% | 80.00% | 94.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 36.00% | 48.00% | 62.00% | 89.00% | 106.00% |
| Annual Declared Rate1-year crediting term | Declared | 3.10% | 3.10% | 3.10% | 3.10% | 3.10% |
| Premium $100,000–$2,000,000 | ||||||
| S&P 500® annual point-to-point1-year crediting term | Cap | 6.50% | 7.50% | 8.25% | 10.75% | 13.25% |
| HSBC AI Global Tactical Index | Participation | 81.00% | 108.00% | 128.00% | 152.00% | 160.00% |
| BofA U.S. Strength Fast Convergence Index1-year crediting term | Participation | 68.00% | 92.00% | 118.00% | 150.00% | 167.00% |
| BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index | Participation | 40.00% | 52.00% | 64.00% | 84.00% | 98.00% |
| S&P 500® Engle 16% VT TCA Index | Participation | 40.00% | 52.00% | 66.00% | 93.00% | 110.00% |
| Annual Declared Rate1-year crediting term | Declared | 3.30% | 3.30% | 3.30% | 3.30% | 3.30% |
California uses the same rates. California contracts have different withdrawal charges, no market value adjustment, and no waiver riders.
Product Specifications
- Contract terms
- FIA Plus 5, FIA Plus 7 and FIA Plus 10
- Premium
- Single premium, $25,000 minimumUp to $2,000,000 without prior company approval.
- Issue ages
- FIA Plus 5: 0–85. FIA Plus 7: 0–85. FIA Plus 10: 0–82.Joint owners use the older owner’s age.
- Crediting strategies
- Six strategiesS&P 500® annual point-to-point with cap. Participation-rate strategies on the BofA U.S. Strength Fast Convergence Index, HSBC AI Global Tactical Index, BlackRock® U.S. Equity Bitcoin Balanced Risk 12% Index and S&P 500® Engle 16% VT TCA Index. Annual Declared Rate, guaranteed for one year and able to change at each anniversary.
- Floor limit
- 0%, -2.5%, -5%, -10% or -15%Elected at issue and changeable at each anniversary. Lower floors carry higher caps and participation rates but allow negative annual adjustments to the tracking value, including any premium bonus.
- Minimum renewal rates
- Declared 0.50%. Cap 1.00%. Participation 10.00%.Applies with a 0% floor.
Included Benefits and Optional Features
Included with the contract
- Death benefit
- Tracking valuePaid without charges, market value adjustment or bonus recapture. A spouse may continue the contract.
- Bailout
- 30-day withdrawal windowIf the S&P 500 cap renews below the declared bailout rate, up to the full tracking value can be withdrawn within 30 days without charges or market value adjustment.
- Systematic withdrawals
- Minimum $100 per payment
Optional or conditional
- Premium bonus rider
- Optional, elected at issueElecting the rider gives lower caps and participation rates than the contract without it. The bonus is recaptured on early withdrawals.
- Waivers
- Extended care and terminal illness, where availableExtended care: 90 consecutive days. Terminal illness: 12 months or less. Not available in California or in all other states.
- Rate lock
- 45 days, with conditionsAn application in good order within 14 days of signing locks the rate for 45 days from the signed date.
Getting Money Out
Withdrawal charges apply to amounts above the free withdrawal during the contract term.
Withdrawal charge by contract year (all states except California)
| Contract year | 5-year term | 7-year term | 10-year term |
|---|---|---|---|
| Year 1 | 9.00% | 9.00% | 9.00% |
| Year 2 | 9.00% | 9.00% | 9.00% |
| Year 3 | 8.00% | 8.00% | 8.00% |
| Year 4 | 7.25% | 7.25% | 7.25% |
| Year 5 | 6.25% | 6.25% | 6.25% |
| Year 6 | — | 5.00% | 5.00% |
| Year 7 | — | 4.00% | 4.00% |
| Year 8 | — | — | 3.00% |
| Year 9 | — | — | 2.00% |
| Year 10 | — | — | 1.00% |
Withdrawal charge by contract year (California)
| Contract year | 5-year term | 7-year term | 10-year term |
|---|---|---|---|
| Year 1 | 8.30% | 8.30% | 8.30% |
| Year 2 | 8.20% | 8.20% | 8.20% |
| Year 3 | 7.25% | 7.25% | 7.25% |
| Year 4 | 6.25% | 6.25% | 6.25% |
| Year 5 | 5.00% | 5.00% | 5.00% |
| Year 6 | — | 4.00% | 4.00% |
| Year 7 | — | 3.00% | 3.00% |
| Year 8 | — | — | 2.00% |
| Year 9 | — | — | 1.00% |
| Year 10 | — | — | 0.00% |
- Free withdrawal
- 10% per yearAvailable after the first anniversary, based on the prior-anniversary tracking value. Free of charges, market value adjustment and bonus recapture.
- Market value adjustment
- Not available in CaliforniaA market value adjustment raises or lowers a withdrawal above the free amount based on interest-rate movements since issue; it does not apply in California.
- Minimum withdrawal
- $1,000Minimum remaining balance $5,000.
How to Think About This Contract
Where it stands out
- Six crediting strategies, including an S&P 500 cap, four participation-rate index strategies and an Annual Declared Rate.
- A choice of floor limit, changeable at each anniversary.
- 10% of the prior-anniversary tracking value can be withdrawn each year after year one without charges.
- An optional premium bonus rider raises the starting value, with lower caps and participation rates.
What to weigh
- Ibexis describes all premium allocations as fully protected from market risk, and also states that floor elections below 0% allow negative tracking-value adjustments, including any premium bonus.
- Withdrawal charges start at 9% outside California and decline over the term.
- The premium bonus is recaptured on early withdrawals, and electing it lowers caps and participation rates.
- Caps, participation rates and the Annual Declared Rate can change at each anniversary, subject to the minimum renewal rates.
- Not available in New Jersey, New York, Vermont or Wisconsin.
Free Comparison Report
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Contract Facts
Issuer
Ibexis Life & Annuity Insurance Company, Jefferson City, Missouri (NAIC 69272)
Contract form
ICC22_FIA_0922
Issue ages
0–85 (5 and 7 year); 0–82 (10 year)
Premium
$25,000 to $2,000,000, single premium
Free-look period
30 days
Annuitization
After the first contract year
Rate lock
14-day application window, 45-day lock
Death benefit
Tracking value
Systematic withdrawals
Minimum $100 per payment
State availability
Available in all states and DC except New Jersey, New York, Vermont and Wisconsin (per the carrier state sheet, Rev 02/26). Product features and rates can differ by state; availability is confirmed at application.
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Carrier Ratings
Stable outlook; rating effective July 2026. Financial strength reflects the insurer’s ability to pay claims. It does not describe how a crediting option will perform.
Sources
- Ibexis FIA Plus At-a-Glance, Rev 08/26 (form ICC22_FIA_0922)
- Ibexis FIA Plus rate sheet effective 2026-10-15
- Ibexis FIA Plus state availability sheet, Rev 02/26
- Ibexis rate sheet footer, AM Best rating effective July 2026
Issued by Ibexis Life & Annuity Insurance Company, Jefferson City, Missouri (NAIC 69272). Guarantees depend on the claims-paying ability of the issuer. Rates, terms and availability can change; the issued contract controls.
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