WealthChoice 10 No Bonus
United Life Insurance Company
11%
Best Cap
10%
Free W/D
47
States
WealthChoice is a fixed indexed annuity that combines market-linked growth potential with protection against market downturns, designed for retirees or near-retirees seeking tax-deferred accumulation without stock market risk.
Free Withdrawal
10%/yr
Available In
47 states
Min Premium
$20,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Global Quality 5% Index | Annual | -- | 165% | -- |
| Horizon Ascend 5% Index | Annual | -- | 10% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | 11% | 100% | -- |
| S&P 500 Index | Annual | 10% | 100% | -- |
| S&P 500 Index | Monthly | 2.25% | 100% | -- |
| Fixed Account | Daily | -- | -- | 5% |
Key Features
Principal Guarantee
100% protectionYour initial investment and accumulated value are protected from market declines; interest crediting may be zero in down markets, but principal never decreases.
Free Partial Withdrawals
10% annuallyAccess up to 10% of your prior anniversary value each year without surrender charges, plus unlimited Required Minimum Distributions after age 73.
Tax-Deferred Compounding
Compound growthInterest earned on both principal and previous interest compounds without annual tax liability, allowing faster accumulation.
Guaranteed Living Benefit Rider (GLBR)
0.95% annual costOptional rider providing guaranteed lifetime income withdrawals based on account value and age, with spousal continuation available.
Contract Terms
5, 7, or 10 yearsChoose between 5, 7, or 10-year surrender charge periods; longer terms may offer better crediting rates.
Premium Bonus (10-Year Only)
10-year contracts onlyOptional rider adds an immediate percentage bonus to premiums paid in first 90 days, allocated to account value.
Return of Premium Guarantee
Year 6 onwardAfter year 5, full surrender value never falls below initial premium (adjusted for withdrawals), providing downside protection.
Multiple Payout Options
5+ optionsAt retirement, choose from lifetime income, period-certain payouts (10-30 years), or joint spousal income options.
Highlights
Principal protection: Your money never loses value due to market downturns, even while earning indexed returns
Flexible access: Free withdrawals up to 10% annually, plus required minimum distributions available penalty-free
Tax-deferred growth: Earnings compound without annual tax burden until you withdraw
Multiple contract periods: Choose 5, 7, or 10-year terms with optional bonus on 10-year contracts
Lifetime income option: Guaranteed Living Benefit Rider provides guaranteed withdrawals for life
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals nearing or in retirement seeking tax-deferred accumulation with market-linked returns, principal protection, and guaranteed lifetime income options without stock market exposure.
Consider Alternatives If
Investors with high risk tolerance who need liquidity within the surrender period or who want full stock market participation without downside protection limitations.
Carrier Ratings
Free Comparison Report
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