Personal Choice Plus+ Annuity
Sentinel Security Life
4.1%
Best Cap
10%
Free W/D
34
States
An indexed annuity that lets you choose how your retirement grows through four different interest crediting methods tied to the S&P 500®, with built-in downside protection and customizable riders to suit your needs.
Free Withdrawal
10%/yr
Available In
34 states
Min Premium
$5,000
Surrender
9 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| S&P 500 Index | Annual | 4.1% | 100% | -- |
| S&P 500 Index | Monthly | 4.2% | 100% | -- |
| Fixed Account | Daily | -- | -- | 3% |
Key Features
Fixed Interest Rate
1% guaranteed minimumGuaranteed rate for 5 years with daily compounding interest, providing predictable, stable growth
Annual Point-to-Point
Closest to market without loss exposureInterest based on S&P 500® change from beginning to end of policy year; drops in between don't affect earnings
Monthly Averaging
Balanced growth opportunityInterest based on average of 12 monthly S&P 500® closing values, potentially yielding higher earnings during significant market increases
Monthly Sum
Highest earning potentialInterest based on monthly changes in S&P 500® with a monthly cap; offers highest interest potential
Downside Protection
0% floor on annual creditsAccount never earns negative interest; you never recover from losses before seeing additional positive growth
Surrender Charges
10% to 0% depending on timingDecreasing schedule from 10% Year 1 to 5% Year 5, then further reduced by attained age reaching 0% at age 98+
Optional Riders
Pay only for features you useCustomize your contract with riders for RMDs, accumulated interest withdrawals, death benefits, and 10% free annual withdrawals
Enhanced Death Benefit
Increased legacy protectionBeneficiary receives Benefit Base paid over 5 years with interest at 150% of net rate credited to accumulation value
Highlights
Choose from four interest crediting methods (Fixed, Annual Point-to-Point, Monthly Averaging, Monthly Sum) to match your risk tolerance
Downside protection: your account never earns negative interest, so losses don't require recovery before new gains
Multiple optional riders waive surrender charges for RMDs, accumulated interest withdrawals, death benefits, and preferred 10% free withdrawals
Enhanced Death Benefit Option allows beneficiaries to receive payouts over 5 years with interest credited at 150% of the net rate
Flexible settlement options including Life Income Only, Life Income with Period Certain, and Period Certain Only
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
5%
Yr 6
4%
Yr 7
3%
Yr 8
2%
Yr 9
1%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees seeking indexed growth with downside protection, who want flexibility in how their money grows and appreciate the option to customize their contract with specific riders.
Consider Alternatives If
Investors seeking direct stock market exposure or those who need immediate access to their full account value without penalty.
Carrier Ratings
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