No-load single premium deferred annuities on the RetireOne platform allow RIAs to potentially create lifetime income streams for clients who need to make future income plans. During the accumulation phase, prior to taking income, investors may take advantage of guaranteed minimum interest rates, and tax-deferred growth. Many SPDAs also offer the flexibility to access up to 10% of the total account balance without penalty (though withdrawals prior to age 59½ may incure a 10% penalty from the IRS).
| wdt_ID | Insurance Company | Product | Solution Type | Return of Premium Death Benefit | Investment Options/Crediting Methods | Fund Families | Fixed Account Availability | Ultra Low-Cost Funds | Surrender Penalty | Lifetime Income Benefit | Penalty Free Withdrawals | Systematic Withdrawals | Dollar-Cost Averaging |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Allianz Life | Index Advantage ADV℠ | Index-Linked Annuity | included in M&E charge | 4 | N/A | No | No | Yes | No | Yes | Yes | No |
| 2 | Allianz Life | Retirement Foundation ADV℠ | Fixed Indexed Annuity | 4 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
| 3 | Ameritas | Advisor No-Load VA | Variable Annuity | included in M&E charge | 65 | 15 | Yes | DFA & Vanguard | No | No | Yes | Yes | Yes |
| 4 | Ameritas | Compass SPIA | Single Premium Immediate Annuity | N/A | N/A | Yes | N/A | No | Yes | Yes | N/A | No | |
| 5 | Ameritas | SPDA 2000 | Single Premium Deferred Annuity | N/A | N/A | Yes | N/A | Yes | N/A | Yes | Yes | No | |
| 6 | Ameritas | Advisor II VUL | Variable Universal Life | N/A | N/A | N/A | N/A | No | N/A | N/A | N/A | N/A | |
| 7 | Ameritas | Value Plus Term Life Insurance | Term Life Insurance | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| 10 | Great American Life | Index Protector℠ 7 | Fixed Indexed Annuity | 5 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
| 11 | Nationwide | New Heights® 9 | Fixed Indexed Annuity | 4 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
| 12 | Symetra | Advisory Edge | Fixed Indexed Annuity | 2 | N/A | Yes | N/A | Yes | No | Yes | Yes | No |
| wdt_ID | Insurance Company | Product | Solution Type | M&E Charge/Product Fee | Admin Charge | Return of Premium Death Benefit Fee | Annual Contract Maintenance or Subscription Fee† | Portfolio Expense Range (a) | Average Portfolio Expense (a) | Surrender Charge Schedule | Penalty Free % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Allianz Life | Index Advantage ADV℠ | Index-Linked Annuity | 0.25% | 0.00% | included in M&E charge | $50 < 100k | 0.65%-0.73% | 0.69% | 6.5,6,5,4,3,2 | 10% |
| 2 | Allianz Life | Retirement Foundation ADV℠ | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 6.5,6,5,4,3,2,1 | 10% |
| 3 | Ameritas | Advisor No-Load VA | Variable Annuity | 0.45% | 0.00% | included in M&E charge | $40 < $50k | 0.15%-3.76% | 0.76% | N/A | 100% |
| 4 | Ameritas | Compass SPIA | Single Premium Immediate Annuity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | None |
| 5 | Ameritas | SPDA 2000 | Single Premium Deferred Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7,6,5,4,3,2 | 10% |
| 6 | Ameritas | Advisor II VUL | Variable Universal Life | 0.70% years 1-15, .10% years 16+ | N/A | N/A | N/A | N/A | N/A | N/A | |
| 7 | Ameritas | Value Plus Term Life Insurance | Term Life Insurance | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 10 | Great American Life | Index Protector℠ 7 | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7,7,7,6,5,4,3 | 10% |
| 11 | Nationwide | New Heights® 9 | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 9,9,9,9,8,7,6,5,4 (some states differ) | 7% |
| 12 | Symetra | Advisory Edge | Fixed Indexed Annuity | N/A | N/A | N/A | N/A | N/A | N/A | 7 or 5 yr. Both 2%. Different in CA | 10% |
| wdt_ID | Insurance Company | Product | Solution Type | Availability | Minimum Initial Investment | Maximum Issue Age | Max Total Contributions w/o Approval |
|---|---|---|---|---|---|---|---|
| 1 | Allianz Life | Index Advantage ADV℠ | Index-Linked Annuity | 48 states (not NY,AK) | $10,000 | 80 | $1,000,000 |
| 2 | Allianz Life | Retirement Foundation ADV℠ | Fixed Indexed Annuity | 49 states (not NY) | $10,000 | 80 | $1,000,000 |
| 3 | Ameritas | Advisor No-Load VA | Variable Annuity | 49 states (not NY) | $2,000 | 85 | $1,000,000 |
| 4 | Ameritas | Compass SPIA | Single Premium Immediate Annuity | 50 states | $5,000 deposit or $ 50/Mo. Payout | 85 | $1,000,000 |
| 5 | Ameritas | SPDA 2000 | Single Premium Deferred Annuity | 50 States | $10,000 | 85 | $1,000,000 |
| 6 | Ameritas | Advisor II VUL | Variable Universal Life | 48 States (not CA or NY) | $100,000 | 80 | $10,000,000 |
| 7 | Ameritas | Value Plus Term Life Insurance | Term Life Insurance | 50 States | N/A | 80 | N/A |
| 10 | Great American Life | Index Protector℠ 7 | Fixed Indexed Annuity | 49 states (not NY) | $100,000 | 85 (inherited 75) | $2M to 75, $1.5M 76-80, $1M 81+ |
| 11 | Nationwide | New Heights® 9 | Fixed Indexed Annuity | 49 states (not NY) | $25,000 | 80 | $1,000,000 |
| 12 | Symetra | Advisory Edge | Fixed Indexed Annuity | 49 States (Not NY) | $10,000 | 85 | $1,000,000 |
