Diversify dollars in your annuity with multiple index-linked crediting strategy options
While fixed index annuities (FIAs), like Eagle Select® Focus 5 and Eagle Select® Focus 7, offer index-linked growth opportunities, the annuities themselves aren’t tied to or invested in an index.
With an FIA:
- The money you use to purchase the annuity isn’t directly invested in an index.
- Your principal is protected from market volatility.
- The annuity doesn’t lose money due to index decreases, and the interested credited will never be less than zero.
- Funds can grow tax-deferred until you withdraw income.
- The contract value may earn interest through a guaranteed fixed rate if selected, as well as credited increases from an underlying index, like the S&P 500®.
- Any interest credited to the contract value is locked in and cannot be lost due to volatility.
Select from multiple crediting strategies that allow you to diversify your retirement dollars and the opportunity to benefit from index increases — while your principal remains protected from market downturn.
S&P 500® Index (Ticker: SPX) — Consists of 500 leading U.S. stocks, and is a common benchmark of the U.S. stock market. The S&P® 500 Index is widely regarded as the single best gauge of large-cap U.S. equities.
S&P 500® Dividend Aristocrats® Daily Risk Control 5% Excess Return Index (Ticker: SPXD5UE) — Volatility control index that consists of S&P 500® members that have consistently increased dividends every year for at least 25 consecutive years. This index is designed to provide added stability by limiting risk exposure and measuring the market performance on a daily basis using the most consistent, dividend-producing companies on the S&P 500® Index.
Franklin Global Trends IndexSM (Ticker: FTGTREND) — Multi-asset index comprised of both national and global asset classes, allowing for broad diversification and boosting growth potential. By dynamically allocating across 10 global asset classes — including equities, fixed income and alternatives — the index provides risk management, with an active approach to allocation based on market trends and the ability to pivot as needed due to market volatility.
Invesco Dynamic Growth Index (Ticker: IIDGROW) — Index that focuses on growth and seeks to optimize performance by dynamically combining U.S. equities and bonds, and matching allocation strategies to one of four economic cycles — recovery, expansion, slowdown or contraction. Addresses risk by monitoring market performance and making intra-day allocation adjustments as needed.
BlackRock Adaptive U.S. Equity 7% Index™ (Ticker: BAUSE7X) — Designed to deliver exposure to the iShares® Core S&P 500® ETF, this index is subject to a 7% target volatility that incorporates its U.S. Treasury iShares® ETF and cash components with the ability to rebalance daily.
Diverse interest crediting options
Fixed rate — Index crediting is based on a set interest rate that’s declared when the contract is issued and guaranteed for a specified amount of time.
Cap rate — The cap is the highest interest rate credited over the strategy’s time period. Credited interest is calculated based on an increase in the index, but is limited to a specified cap, or maximum, rate.
Participation rate — This is the percentage of the index increase used to calculate the indexed interest. Your FIA earns interest based on increases in the index, and doesn’t lose value if there are decreases in the index.
Participation rate for term — This strategy guarantees that the participation rate determined at contract issue will not change for the surrender charge period of the annuity contract. The strategy is only available at contract issue. Annual Point-to-Point volatility-controlled indices are eligible for this option.
Not all crediting strategies are available on all indices.
Annuity contract and rider issued under form series ICC23 E-BASE-IDX, ICC23 E-IDX-C-7, ICC23 E-IDX-C-5, ICC22 E-E-PTP-CL, ICC23 E-E-PTP-RL, ICC21 E-E-PTP-C, ICC21 E-E-PTP-PR , ICC17 E-R-MVA, ICC21 E-R-ERR, ICC20 E-R-EBR, and state variations thereof. Availability may vary by state. For complete details, please see product-specific sales brochure(s) and disclosure(s).
Past performance is no indication of future results.
If the sum of all Performance Rate Rider charges deducted is greater than all interest credited to the contract value at the end of the surrender charge period, we will increase the contract value by the difference.
Surrender charges may apply to excess withdrawals that, in addition to LIB payment, exceed 10% annual free withdrawal available under the contract. You may be subject to a 10% federal penalty if you make withdrawals before age 59½. Withdrawals are subject to ordinary income tax.
Market Value Adjustment (MVA) applies to partial withdrawals that exceed the free withdrawal amount allowed and surrenders occurring during the surrender charge period.
Enhanced Benefit Rider (ICC20 E-R-EBR) included with no fee for issue ages 75 and under. Availability and benefits may vary by state. Not available in CA.
Possible interest credits for money allocated to an index-linked crediting strategy are based upon performance of the specific index; however, fixed index annuities (FIAs) are not an investment, but an insurance product, and do not directly invest in the stock market or the index itself.
This is not a comprehensive overview of all the relevant features and benefits of the Eagle Select® Focus 5 or Eagle Select® Focus 7 FIAs. Please read the sales brochure and disclosure for complete details and limitations.
This material is for informational purposes only, and is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial circumstances, investment objectives, risk tolerance or need of any specific person. In providing this information, Eagle Life Insurance Company® is not acting as your fiduciary as defined by the Department of Labor. Eagle Life does not offer legal, investment or tax advice or make recommendations regarding insurance or investment products. Please consult a qualified professional.
Guarantees are based on the financial strength and claims-paying ability of the issuing company. Eagle Life is a wholly owned subsidiary of American Equity Investment Life Insurance Company®.
The “S&P 500®” is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Eagle Life Insurance Company (“EL”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks have been licensed to SPDJI and sublicensed for certain purposes by EL. EL’s Eagle Select Focus 5 and Eagle Select Focus 7 is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and such parties make no representations regarding the advisability of investing in such product(s) and have no liability for any errors, omissions, or interruptions of the S&P.
The “Invesco Dynamic Growth Index” (the “Index”), the proprietary data contained therein, and “Invesco” are the property of Invesco Indexing LLC (“Licensor”) and have been licensed for use by Eagle Life Insurance Company® (“Licensee”) as a component of certain FIA products (each, a “Product” and collectively, the “Products”).
The Product is not sponsored, endorsed, sold or promoted by Licensor. Licensor makes no representation or warranty, express or implied, regarding the advisability of purchasing the Products generally or the ability of the Index, to track general stock market performance. Licensor’s relationship to Licensee includes the licensing of certain trademarks and trade names of Licensor and of the Index, which is determined, composed and calculated by Licensor without regard to the Licensee or the Product. Licensor has no obligation to take the needs of the Licensee or any other party into consideration in determining, composing or calculating the Index. Licensor has no obligation or liability in connection with the administration, marketing or trading of the Product.
Licensor does not guarantee the accuracy and/or the completeness of the Index and/or any data included therein. Licensor makes no warranty, express or implied, as to results to be obtained by any person or entity from the use of the Index, any data included therein in connection with the rights licensed hereunder or for any other use. Licensor makes no express or implied warranties, and hereby expressly disclaims all warranties of merchantability or fitness for a particular purpose with respect to the Index, or any data included therein. Without limiting any of the foregoing, in no event shall Licensor have any liability for any special, punitive, indirect or consequential damages (including lost profits), even if notified of the possibility of such damages.
“Franklin,” “Franklin Templeton” and the “Franklin Global Trends IndexSM (the “Index”) are trademarks of Franklin Advisers, Inc. (the “Licensor”) and have been licensed for use by Eagle Life Insurance Company® (“Eagle Life”) as a component of certain fixed index annuity products (each, a “Product” and collectively, the “Products”).
Licensor uses a third-party calculation agent (the “Calculation Agent”) to calculate and publish the Index. The Calculation Agent uses its best efforts to ensure that the Index is calculated correctly; however, the Calculation Agent has no obligation to point out errors in the Index to third parties. Neither publication of the Index by the Calculation Agent nor the licensing of the Index or Index trademark for the purpose of use in connection with the Products constitutes a recommendation by the Calculation Agent to purchase the Products, nor does it in any way represent an assurance or opinion of the Calculation Agent with regard to any Product.
The Products are not sponsored, endorsed, sold or promoted by Licensor or the Calculation Agent. Neither Licensor nor the Calculation agent makes any representation or warranty (express or implied) regarding the Product, the advisability of purchasing the Product, or the use of the Index or any data included therein. Licensor’s only relationship to Eagle Life is the licensing of certain trademarks and trade names and the Index or components thereof. Neither Licensor nor the Calculation Agent have any obligation or liability in connection with the marketing, issuance or administration of the Product.
LICENSOR DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN AND LICENSOR SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, UNAVAILABILITY OR INTERRUPTIONS THEREIN. LICENSOR MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, HOLDERS OF THE PRODUCT OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN. LICENSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL LICENSOR HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, INCIDENTAL, CONSEQUENTIAL DAMAGES OR LOST PROFITS, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
The BlackRock Adaptive US Equity 7% Index (the “Index”) is a product of BlackRock Index Services, LLC and has been licensed for use by Eagle Life Insurance Company (“Eagle Life”) as a component of Eagle Select Focus (the “Product”).
The Index does not guarantee future income or protect against loss of principal. There can be no assurance that an investment strategy or financial product based on or in any way tracking the Index will be successful. Indexes are unmanaged and one cannot invest directly in an index.
The Product is not sponsored, endorsed, marketed, sold, or distributed by BlackRock Index Services, LLC, BlackRock, Inc., or any of its affiliates, or any of their respective third party licensors (including the Index calculation agent, as applicable) (collectively, “BlackRock”). BlackRock makes no representation or warranty, express or implied, to the owners of the Product or any member of the public regarding the advisability of investing the Product or the ability of the Index to meet its stated objectives. BlackRock’s only relationship to Eagle Life with respect to the Index is the licensing of the Index and certain trademarks of BlackRock. The Index is created, compiled, and calculated by BlackRock Index Services, LLC without regard to Eagle Life or the Product. BlackRock Index Services, LLC has no obligation to take the needs of Eagle Life or the owners of the Product into consideration in calculating the Index. BlackRock is not responsible for and has not participated in the determination of the benefits and charges of Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered or redeemed, as the case may be. BlackRock has no obligation or liability in connection with the administration of Product. There is no assurance that products based on the Index will accurately track index performance or provide positive investment returns. BlackRock Index Services, LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by BlackRock to buy, sell, or hold such security, nor is it considered to be investment advice. Notwithstanding the foregoing, BlackRock, Inc. and its affiliates may independently issue and/or sponsor financial products unrelated to the Product currently being issued by Eagle Life, but which may be similar to and competitive with Product. In addition, BlackRock, Inc. and its affiliates may trade financial products which are linked to the performance of the Index.
THE INDEX AND THE INDEX DATA ARE PROVIDED “AS-IS” AND “AS AVAILABLE”. BLACKROCK DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION WITH RESPECT THERETO, INCLUDING, ORAL, WRITTEN, OR ELECTRONIC COMMUNICATIONS. BLACKROCK SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. BLACKROCK MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, TITLE, NON-INFRINGEMENT, OR AS TO RESULTS TO BE OBTAINED BY EAGLE LIFE, OWNERS OF THE PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA CONTAINED THEREIN OR RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL BLACKROCK BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING, WITHOUT LIMITATION, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN BLACKROCK AND EAGLE LIFE.
BlackRock®, BlackRock Adaptive US Equity 7% Index™, and the corresponding logos are registered and unregistered trademarks of BlackRock, Inc. or its subsidiaries. All rights reserved.