Fixed Indexed Annuity

NAC VersaChoice 10

North American Company

8.8%

Best Cap

10%

Free W/D

50

States

NAC VersaChoice 10 is a fixed index annuity that lets your money grow based on market performance without the downside risk of stock market losses. It's designed for people who want retirement income growth with built-in flexibility and the optional ability to access funds when life happens.

Free Withdrawal

10%/yr

Available In

50 states

Min Premium

$20,000

Surrender

10 years

Current Rates & Strategies

IndexCreditingCapParticipationFixed
Fidelity Multifactor Yield Index 5% ER2-Year--250%--
Fidelity Multifactor Yield Index 5% ERAnnual--100%--
Goldman Sachs Equity TimeX Index2-Year--75%--
Goldman Sachs Equity TimeX IndexAnnual--55%--
Morgan Stanley Dynamic Global Index2-Year--250%--
Morgan Stanley Dynamic Global IndexAnnual--105%--
S&P 500 Index2-Year--35%--
S&P 500 IndexAnnual8.8%100%--
S&P 500 IndexMonthly1.9%100%--
S&P MARC 5% Excess Return2-Year--175%--
S&P MARC 5% Excess ReturnAnnual--95%--
Fixed AccountDaily----2.85%

Key Features

Index-based growth with downside protection

Potential growth with 0% floor in down markets

Your money earns interest based on market index performance during good times, but your premium won't decrease if the market drops

Annual reset feature

Guaranteed crediting each year

Interest credits are locked in and added to your account each contract anniversary, protecting gains from future market downturns

Multiple crediting strategies

Full control over growth approach

Choose from 7 different crediting methods including fixed, cap-rate, participation rate, and enhanced participation options

Enhanced Liquidity Benefit rider (optional)

0.60% annual rider fee

For a 0.60% annual fee, access up to 20% of your money penalty-free each year, plus waived surrender charges and enhanced income if you need long-term care

Penalty-free withdrawal

10-20% annual access

Base contract allows 10% annual penalty-free withdrawals; ELB rider increases this to 20%

Tax-deferred growth

Deferred taxation until withdrawal

Your account value grows without annual tax impact, allowing more time for compounding

Flexible payout options

5 to 20 year terms available

Choose from income for a specified period, life income options, or joint survivor arrangements

Highlights

1

Fixed index annuity with optional enhanced liquidity rider for penalty-free access to up to 20% of your money each year

2

Multiple index strategies and crediting methods let you choose your own growth approach

3

Interest credits lock in every contract anniversary—gains can't be lost to market downturns

4

ADL-based benefits provide waived surrender charges and enhanced income if you need long-term care

5

Tax-deferred growth with flexible payout options and death benefits for your beneficiaries

Surrender Schedule

Yr 1

10%

Yr 2

10%

Yr 3

9%

Yr 4

9%

Yr 5

8%

Yr 6

8%

Yr 7

7%

Yr 8

6%

Yr 9

4%

Yr 10

2%

After

0%

Best For

Retirees and near-retirees age 0-79 who want growth potential tied to market performance but need downside protection, flexibility to access funds, and tax-deferred accumulation—particularly those concerned about long-term care costs who would benefit from the optional ELB rider.

Consider Alternatives If

Investors seeking direct stock market exposure, people who need immediate full access to their money without penalties, or those in lower tax brackets who may not benefit from tax deferral.

Carrier Ratings

A.M. BestA+
FitchA+
Standard & Poor'sA+

Free Comparison Report

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See year-by-year projections for your specific age, premium, and income goals.

Related Resources