Apollo SP
Reliance Standard
10%
Free W/D
49
States
A fixed deferred annuity that locks in guaranteed interest rates and provides tax-deferred growth, designed for safety-conscious individuals who want predictable income in retirement with some flexibility to access their money.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$5,000
Surrender
7 years
Key Features
First-Year Guaranteed Rate
6.40%Your money earns a locked-in rate of 6.40% in the first year
Base Interest Rate (Years 2+)
4.40% (minimum 3.00%)After year one, your money earns at least this minimum guaranteed rate
Penalty-Free Withdrawal
10% annually, max 30% cumulativeWithdraw up to 10% of your funds each year with no surrender charges; unused amounts can roll over to next year up to 30% maximum
Annuitization Bonus
4% bonusReceive an extra 4% bonus on your annuity value when you begin monthly income after year 5 with a 10+ year payout period
Nursing Home Waiver
25% annually if qualifiedIf confined to a qualified nursing home for 90+ days (age 74 or younger at issue), withdraw up to 25% annually penalty-free
Issue Ages & Premiums
$5,000 minimum; up to $1M (age 0-75) or $500K (age 76-85)Available from age 0 to 85 with flexible premium amounts
Highlights
6.40% first-year guaranteed rate with 4.40% base rate provides competitive fixed income
Penalty-free access to 10% annually, plus rollover provisions up to 30% maximum
4% annuitization bonus when you start income after year 5 with 10+ year payout period
Nursing home waiver allows penalty-free withdrawal of 25% annually if confined to qualified facility
Surrender charges phase out completely by year 8 (9% year 1 down to 0% year 8)
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
2%
After
0%
Nursing home waiver
Best For
Conservative investors age 0-85 seeking guaranteed, tax-deferred growth with some liquidity and predictable retirement income.
Consider Alternatives If
Investors who need immediate access to all their funds, expect to withdraw substantially within 7 years, or seek market-linked returns.
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