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℠ | 1 | included in M&E charge | 4 | N/A | No | No | Yes | No | Yes | Yes | No |
| 2 | Allianz Life | Retirement Foundation ADV℠ | 2 | 4 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No | |
| 3 | Ameritas | Advisor No-Load VA | 3 | included in M&E charge | 65 | 15 | Yes | DFA & Vanguard | No | No | Yes | Yes | Yes |
| 4 | Ameritas | Compass SPIA | 4 | N/A | N/A | Yes | N/A | No | Yes | Yes | N/A | No | |
| 5 | Ameritas | SPDA 2000 | 5 | N/A | N/A | Yes | N/A | Yes | N/A | Yes | Yes | No | |
| 6 | Ameritas | No-Load VUL | 6 | N/A | N/A | N/A | N/A | No | N/A | N/A | N/A | N/A | |
| 7 | Ameritas | Value Plus Term Life Insurance | 7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| 8 | Great-West | Great-West Smart Track® Advisor | 3 | 0.20% | 92 | 36 | No | DFA (a) | No | Yes | Yes | Yes | Yes |
| 9 | Great-West | Great-West Capital Choice™ Advisor | 1 | included in M&E charge | 4 | N/A | No | No | No | No | Yes | Yes | No |
| 10 | Great American Life | Index Protector℠ 7 | 2 | 4 | N/A | Yes | N/A | Yes | Yes | Yes | Yes | No |
| wdt_ID | Insurance Company | Product | Solution Type | M&E Charge | Admin Charge | Return of Premium Death Benefit Fee | Annual Contract Maintenance 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 | No-Load 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 |
| 8 | Great-West | Great-West Smart Track® Advisor | Variable Annuity | 0.20% | 0.00% | 0.20% | N/A | 0.19%-6.52% | 0.95% | N/A | 100% |
| 9 | Great-West | Great-West Capital Choice™ Advisor | Index-Linked Annuity | 0.40% | 0.00% | included in M&E charge | N/A | N/A | N/A | N/A | 100% |
| 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% |
| 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℠ | 1 | 48 states (not NY,AK) | $ 10,000 | 80 | $ 1,000,000 |
| 2 | Allianz Life | Retirement Foundation ADV℠ | 2 | 49 states (not NY) | $ 10,000 | 80 | $ 1,000,000 |
| 3 | Ameritas | Advisor No-Load VA | 3 | 49 states (not NY) | $ 2,000 | 85 | $ 1,000,000 |
| 4 | Ameritas | Compass SPIA | 4 | 50 states? | $ 5000 deposit or $ 50/Mo. Payout | 85 | $ 1,000,000 |
| 5 | Ameritas | SPDA 2000 | 5 | 50 States? | $ 10,000 | 85 | $ 1,000,000 |
| 6 | Ameritas | No-Load VUL | 6 | 50 States? | $ 100,000 | 80 | $ 10,000,000 |
| 7 | Ameritas | Value Plus Term Life Insurance | 7 | 50 States | N/A | 80 | N/A |
| 8 | Great-West | Great-West Smart Track® Advisor | 3 | 50 states | $ 10,000 | 85 | $ 1,000,000 |
| 9 | Great-West | Great-West Capital Choice™ Advisor | 1 | 47 states (not NY,VA,OR) | $ 25,000 | 90 | $ 1,000,000 |
| 10 | Great American Life | Index Protector℠ 7 | 2 | 49 states (not NY) | $ 100,000 | 85 (inherited 75) | $ 2mill to 75, $ 1mill 81+ |
