American Equity Investment Life Insurance Company
California IncomeShield 7
Rates and specifications only. Our editorial review of this product hasn't been written yet, so there's no star rating or verdict here — the figures below come straight from the carrier's filed rates. We don't hold this carrier's brochure for this product yet, so the specifications below are limited to what the rate filing carries.
Type
FIA
Surrender
7 years
Top yield
0.67%
A.M. Best
A
Current Rates
Yield shown is the guaranteed yield to surrender — the honest effective return, not a first-year teaser rate. Each row is a variant of the same product.
| Strategy | Method | Rate | Cap | Par | Yield to surrender |
|---|---|---|---|---|---|
| 1 Year Fixed Account | Fixed | 1.70% | — | — | 0.67% |
| 1 Year BlackRock Adaptive US Equity 5% Index with Participation Rate | Point to Point | — | — | 80.00% | — |
| 1 Year S&P 500® Dividend Aristocrats Daily Risk Control 5% Index ER Index with a Cap | Point to Point | — | 4.50% | — | — |
| 1 Year S&P 500® Dividend Aristocrats Daily Risk Control 5% Index ER Index with Participation Rate | Point to Point | — | — | 65.00% | — |
| 1 Year S&P 500® Index with Cap | Point to Point | — | 2.75% | — | — |
| 1 Year S&P 500® Index with Participation Rate | Point to Point | — | — | 10.00% | — |
Surrender Schedule
Yr 1
8.3%
Yr 2
8.25%
Yr 3
7.25%
Yr 4
6.25%
Yr 5
5.2%
Yr 6
4.2%
Yr 7
3.1%
Yr 8
0%
Product Specifications
- Minimum premium (non-qualified)
- $5,000
- Minimum premium (qualified)
- $5,000
- Maximum issue age
- 80
- Free withdrawal
- 10%
- Free withdrawal (year 1)
- Interest Only
- Market value adjustment
- Yes
- Return of premium
- No
- States available
- 1 states
Income Riders
IncomeShield CA LIBR Option 1 - 4.00% Rollup(built in)
Roll-up: 4.00%
Withdrawal age: 50.0 Min
IncomeShield CA LIBR Option 2 - 8.25% Rollup(built in)
Roll-up: 8.25%
Withdrawal age: 50.0 Min
IncomeShield CA LIBR Option 3 - 6.50% Rollup(built in)
Withdrawal age: 50.0 Min
IncomeShield LIBR Option 1 - 4.00% RollupGLWB(built in)
Roll-up: 4.00%
Withdrawal age: 50.0 Min
IncomeShield LIBR Option 2 - 8.25% RollupGLWB(built in)
Roll-up: 8.25%
Withdrawal age: 50.0 Min
IncomeShield LIBR Option 3 - 6.50% RollupGLWB(built in)
Withdrawal age: 50.0 Min
IncomeShield LIBR Option 4 - 8.25% Rollup & Wellbeing RiderGLWB(built in)
Roll-up: 8.25%
Withdrawal age: 50.0 Min
IncomeShield LIBR Option 5 - 6.50% Rollup & Wellbeing RiderGLWB(built in)
Withdrawal age: 50.0 Min
Rates are a snapshot and change frequently. Figures are sourced from the carrier's filed rates via Annuity Rate Watch and refreshed nightly. Nothing here is a recommendation to buy. Annuities are issued by insurance companies and are not guaranteed by any bank or the FDIC. See our legal & disclosures.