WealthChoice 5
United Life Insurance Company
12.75%
Best Cap
10%
Free W/D
47
States
WealthChoice is a fixed indexed annuity that grows your retirement savings with market-linked interest while protecting your principal from losses. It's designed for people who want growth opportunities without the risk of market downturns.
Free Withdrawal
10%/yr
Available In
47 states
Min Premium
$20,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Global Quality 5% Index | Annual | -- | 160% | -- |
| Horizon Ascend 5% Index | Annual | -- | 10% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | 12.75% | 100% | -- |
| S&P 500 Index | Annual | 10.25% | 100% | -- |
| S&P 500 Index | Monthly | 2.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 5% |
Key Features
Principal Protection
100% protectionYour account value will never decrease due to market downturns; principal is always guaranteed.
Indexed Interest Crediting
Market-linked growthEarn interest based on the performance of external market indexes using various crediting methodologies.
Tax-Deferred Growth
Full compounding benefitTaxes are deferred until withdrawal, allowing earnings to compound tax-free on a yearly basis.
Free Partial Withdrawals
10% annual free accessWithdraw up to 10% of your account value annually without surrender charges during the contract period.
Return of Premium Guarantee
100% of initial premiumAfter year 5, your full surrender value will never be less than your initial premium (adjusted for withdrawals).
Multiple Payout Options
Flexible distribution choicesChoose from 10-30 year payouts, lifetime income, joint spousal income, or lump sum distributions.
Death Benefit
110% benefit if 5-year payout electedAccount value passes to beneficiaries; 5-year death benefit enhancement multiplies benefit by 110%.
Premium Payment
$20,000–$1,000,000Initial single premium from $20,000 to $1,000,000, with optional additional premiums up to $1,000,000 total in year one.
Highlights
Principal protection: your money never loses value due to market downturns
Growth potential linked to market indexes without direct stock market risk
Tax-deferred growth with flexible withdrawal options and lifetime income choices
Return of premium guarantee after year 5 ensures you get your initial investment back
Multiple allocation choices allow you to customize your strategy and rebalance annually
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Retirees and pre-retirees who want growth potential with downside protection and are comfortable with 5–7 year commitment periods in exchange for guaranteed principal and lifetime income options.
Consider Alternatives If
Investors who need immediate access to funds, cannot commit to a 5–7 year timeframe, or require maximum growth without insurance-related costs and restrictions.
Carrier Ratings
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