Annuity Atlas
Reviews

Expert review · 2026

Aspida review

Ares-backed modern carrier offering competitive MYGAs, FIAs, and income products through multiple channels.

Carrier strength

A-
A.M. Best
Products12
Total assets$30+ Billion
Get my free review
Founded
2021
Headquarters
Durham, NC
Total assets
$30+ Billion
A.M. Best
A-
01

12 Aspida annuities

Click any product for rates, specs, and the full peer-group review.

ProductTypeSurrenderRatingIncome riderBonus
Aspida Synergy Choice MYGA
Savers who want a guaranteed interest rate with the ability to choose between an interest-only withdrawal feature or a 10% annual free withdrawal feature
MYGA7yrA-——Review →
Aspida Synergy Choice MYGA 7-Year
Independent agent channel buyers through Market Synergy Group who want the highest base guaranteed rate in Aspida's agent-channel 7-year MYGA lineup and have a genuine 7-year capital horizon without needing emergency access waivers
MYGA7yrA-——Review →
Aspida Synergy Choice MYGA 5-Year
Independent agent channel buyers through Market Synergy Group who want the highest base guaranteed rate among 5-year MYGAs from Aspida's agent-channel lineup and can commit capital for 5 years without emergency waiver provisions
MYGA5yrA-——Review →
Aspida Synergy Choice MYGA 3-Year
Independent agent channel buyers through Market Synergy Group who want a competitive 3-year guaranteed rate and are not dependent on emergency waiver access
MYGA3yrA-——Review →
Aspida Synergy Choice MYGA 2-Year
Independent agent channel buyers through Market Synergy Group who want a very short guaranteed commitment, understand that the base contract does not include free withdrawals, and are primarily motivated by tax deferral and principal protection
MYGA2yrA-——Review →
Aspida Synergy Choice Bonus
Buyers who want an immediate premium bonus (up to 16% on 10-year contracts) to boost their starting allocation amount, combined with a modern index menu
FIA10yrA-—17% (ages 18–75) / 14% (ages 76–80)Review →
Aspida Synergy Choice Bonus 10-Year
Independent agent channel buyers through Market Synergy Group who want the largest upfront premium bonus in the Aspida FIA lineup (16%) and have a genuine 10-year accumulation horizon
FIA10yrA-—17% (ages 18–75) / 14% (ages 76–80)Review →
Aspida Synergy Choice Bonus 5-Year
Independent agent channel buyers through Market Synergy Group who want an upfront premium bonus as part of a 5-year FIA strategy and can hold the full 5 years to realize the full bonus vesting
FIA5yrA-—10% (ages 18–75) / 7% (ages 76–85)Review →
Aspida Synergy Choice Max
Buyers who want a modern accumulation FIA with 20 crediting strategies including cutting-edge indices, plus an enhanced death benefit
FIA10yrA-——Review →
Aspida Synergy Choice Max 10-Year
Independent agent channel buyers through Market Synergy Group who have a genuine 10-year accumulation horizon, want a distinctive index menu with higher caps at the 10-year term, and value the built-in Return of Premium rider and standard waiver provisions
FIA10yrA-——Review →
Aspida Synergy Choice Max 5-Year
Independent agent channel buyers through Market Synergy Group who want a 5-year accumulation FIA with a distinctive index menu including alternative and multi-asset indices, a built-in Return of Premium rider, and standard waiver provisions
FIA5yrA-——Review →
Synergy Choice IncomeFIA10yrA-Yes
0.50% annually (1.50% max) fee
—Details →
02

About Aspida

Aspida Life Insurance Company is a modern annuity provider backed by Ares Management, one of the world's largest alternative asset managers with approximately $550 billion in assets under management. Founded in 2021, Aspida has quickly built a competitive lineup of fixed, fixed indexed, and income-focused annuities distributed through multiple channels including independent agents, banks, and fee-based advisors. The carrier focuses on innovative crediting strategies and rate competitiveness across its product portfolio.

03

The tradeoffs

What works
  • Backed by Ares Management, one of the world's largest alternative asset managers
  • Innovative index crediting strategies including QuarterLock and alternative indices
  • Competitive rates across MYGA lineup, particularly in the 7-year term
  • Multiple distribution channels: agent, bank, and advisory (RIA) for broad accessibility
  • Generous income rider benefits including Enhanced Nursing Home Multiplier on income products
What to watch
  • Young carrier with limited track record (founded 2021) and lower Comdex score of 57
  • No variable annuity or SPIA products in current portfolio
  • Not available in New York or North Carolina — major market limitations
  • Some complex index strategies and premium bonus structures require investor education
  • Limited geographic reach compared to legacy carriers
04

What you could receive

Live projection for Synergy Choice Income with Synergy Choice Income Guaranteed Lifetime Income Benefit Rider — single life, issue age 62, income beginning at age 67. Illustrative, not a quote; figures refresh from Annuity Rate Watch.

PremiumMonthlyAnnual
$250,000$2,397$28,763
$500,000$4,794$57,525
$1,000,000$9,588$115,050
05

Income rider fees

Disclosed charges for optional riders on Aspida products, live from Annuity Rate Watch. Product-level detail is on each review.

RiderProductFee
Synergy Choice Income Guaranteed Lifetime Income Benefit RiderSynergy Choice Income0.50% annually (1.50% max)
06

Best fit for these buyers

Investors seeking competitive guaranteed rates from a modern, tech-forward carrier
Accumulation buyers who want innovative index crediting strategies like QuarterLock
Retirees in states outside NY and NC who need built-in lifetime income protection
Ages 50-75 planning retirement who value Ares Management's financial backing
07

Frequently asked questions

Is Aspida a good annuity company?
We have reviewed 11 Aspida products, and A.M. Best rates the carrier A- for financial strength. We describe its financial position as "Good" with $30+ Billion in total assets.
How much income can I get from a Aspida annuity?
Income depends on your premium, age, and start date. At our benchmark scenario — single life, issue age 62, income beginning at age 67 — Aspida's highest-paying income product (Synergy Choice Income) currently projects about $57,525 per year on a $500,000 premium, or $28,763 on $250,000. Figures are illustrative, based on live Annuity Rate Watch data, and are not a quote.
What are the fees for Aspida annuities?
Fee structures vary by product. Optional income riders on Aspida products carry disclosed charges — for example Synergy Choice Income Guaranteed Lifetime Income Benefit Rider (Synergy Choice Income): 0.50% annually (1.50% max). See each product review for the full fee detail.
What is the surrender period for Aspida annuities?
Surrender periods on Aspida's current lineup run 2–10 years, depending on the product. Most products allow an annual free-withdrawal amount before charges apply — the product table above shows each product's surrender length, and each review covers the exact schedule.

Sources & standards

How we know what's on this page

Rates, terms & availability
Annuity Rate Watch, which aggregates carriers' filed rate sheets. Refreshed every night.
Financial strength
A.M. Best. We publish the carrier's letter rating rather than a score of our own.
Contract detail
The carrier's own brochure — minimum guaranteed surrender value, death benefit, RMD treatment, annuitization options, waiver riders and free-withdrawal terms. Where the brochure and the rate feed disagree, the brochure wins: it is the filed document. Where neither carries a fact, the page omits it. We do not fill gaps with estimates.
Full methodology →Who publishes this →

See your Aspida income projection

  • Personalized estimate
  • Based on age, premium & goals
  • No pressure, no pitch.
Compare Aspida