SPDA Series II
Integrity Life Insurance Company
10%
Free W/D
48
States
SPDA Series II is a single premium deferred annuity issued by Integrity Life that guarantees your principal while earning a fixed interest rate. It's designed for conservative investors and retirees who want tax-deferred growth with flexibility to access their money when needed.
Free Withdrawal
10%/yr
Available In
48 states
Min Premium
$3,000
Surrender
7 years
Key Features
Contribution Range
$3,000–$1,000,000Investment amounts from $3,000 minimum up to $1 million (or $500,000 if age 76+)
Guaranteed Minimum Interest Rate
Rate varies by guarantee periodIntegrity guarantees a minimum rate as defined in your contract, protecting against market downturns
Guarantee Periods
1, 3, 5, or 7 yearsChoose from 1, 3, 5, or 7-year guarantee periods; annual renewal rates apply thereafter
Annual Free Withdrawal
10% noncumulative per yearWithdraw up to 10% of account value each year without surrender charges
Surrender Charge Schedule
7% to 0% over 7 yearsCharges decline annually from 7% in years 1–3 down to 0% after year 7
Money-Back Guarantee
100% of contributionReceive at least your original contribution amount, with surrender charges waived if needed to honor this guarantee
No Contract Fees
$0No administrative, annual, or management fees charged
Tax-Qualified Plan Eligibility
Multiple plan typesAvailable for Traditional and Roth IRAs and suitable for rollovers from 401(k), KEOGH, SEP, and other qualified plans
Hardship Withdrawal Waivers
State-dependentSurrender charges may be waived for unemployment, terminal illness, medical care, nursing home confinement, and required minimum distributions (varies by state)
Death Benefit
Current account valueBeneficiary receives current account value at time of death, paid directly without probate delay
Issue Age Range
Age 0–85Available for owners and annuitants from birth through age 85
Highlights
No contract fees and a money-back guarantee ensure you get your contribution back
Flexible access with 10% annual free withdrawals plus low surrender charges that disappear after 7 years
Available for IRAs and rollovers from 401(k), KEOGH, and SEP plans with guaranteed minimum interest rates
Hardship withdrawal waivers available for unemployment, terminal illness, medical care, and required minimum distributions
Surrender Schedule
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver, Unemployment waiver
Best For
Conservative investors and retirees seeking guaranteed, tax-deferred growth with principal protection, flexibility to access funds without penalties, and the ability to roll over retirement plan balances.
Consider Alternatives If
Investors who need immediate access to their full account value without surrender charges, or those seeking market-linked growth potential.
Carrier Ratings
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