GuaranteeShield Series With the GuaranteeShield Series, there is always access to money in the annuity. American Equity provides withdrawal flexibility and a variety of liquidity options.
Guarantee Period Continuation Options 5 Within 30 calendar days after the end of the guarantee period, one of the following options can be chosen: • Renew the contract for another guarantee period; • Take a free withdrawal and apply the remaining contract value to a new guarantee period; • Annuitize the contract and begin receiving annuity payments; • Surrender the contract without surrender charges or market value adjustment; or • Continue the contract without surrender charges. If no option is chosen, the contract will automatically continue without surrender charges. Interest rates may vary each contract year, but will never be less than the Minimum Guaranteed Interest Rate of 1%.
If the contract is continued for another guarantee period, the market value adjustment, applicable surrender charges and surrender period apply to the new guarantee period.
Surrender Values and Charges The annuity’s Surrender Value will never be less than 90% of the premium received, less any withdrawals, accumulated at the minimum guaranteed interest rate. If a partial withdrawal or Surrender is taken during the Surrender Charge period, a deduction will be taken out according to the Surrender Charge schedule.
Surrender Charge Schedule (Age 18-85 for GS3, GS5) Contract Year 1 2 3 4 5
9% 8% 7%
GuaranteeShield 3
8.30% 8.25% 7.25%
GuaranteeShield 3 CA
9% 8% 7% 6% 5%
GuaranteeShield 5
8.30% 8.25% 7.25% 6.25% 5.20%
GuaranteeShield 5 CA
In the event of the contract owner’s death, the Death Benefit paid is the entire Contract Value.
GuaranteeShield Series
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