Product Details
IncomeShield Bonus 10
Company social profile:
Product Name
IncomeShield Bonus 10
Annuity Type
FIA
Issuing Insurance Company and Ratings
American Equity Investment Life Insurance Company
Ratings
Product Information
The IncomeShield Bonus 10 is a Flexible Premium Fixed Index Annuity with a 10 Year Withdrawal Charge Period and an MVA provision. Pays a First Year Premium Bonus of 14% subject to a 10-Year Vesting Schedule. Offers Multiple Index-Linked Strategies and a 1 Year Guaranteed Fixed Account currently paying 2%. Includes LIBR rider options (1.20% fee) and automatic Nursing Home/Terminal Illness waivers for ages 75 and under.
Key Features
Premium Types: Flexible for Life of the Product
Minimum Premium: $5,000
Maximum Premium: $1,500,000 (age-banded)
Free Look Period: 15 Days
Rate Lock Period: N/A
Rates
Effective Date: 03/09/2025
Initial Guarantee Period: 10 years
Next Change: N/A — not specified
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Premium Amount: $5,000 - $1,500,000 (age-banded)
Current
10 Year Guarantee Period Annual Yield:
2.00%%
Interest rate start of year 1 through end of year 10:
2.00%%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
Not available in CA GU NY PR VI
Withdrawal Provisions
First Year Withdrawals: Interest Only
Withdrawal Years 2+: 10%
Wait Period Interest Only : 30 Days
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $2,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $50
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 80
State Restrictions: Not available in CA GU NY PR VI
