Fixed Index Annuity (FIA)

Discover the benefits of lifetime income

Preparing for retirement can be an exciting time, but it also can be stressful with the concerns of financially preparing for the unexpected. Do you have financial stability if an unplanned issue with health care costs or housing expenses arises?

Fixed index annuities like the American Equity IncomeShield products can help provide the financial dignity of knowing you have guaranteed lifetime income in your retirement portfolio. Plus, there are the other important guaranteed benefits of principal protection from index volatility, index-linked crediting strategies, and tax-deferral.

American Equity IncomeShield fixed index annuities

We have several options that aim to suit your retirement needs, adapt to life’s challenges, and deliver income that cannot be outlived.

Available only in California

Also available in California

Key Benefits

Premium bonus

The first-year premium paid on American Equity IncomeShield BONUS products receives a bonus percentage credited to the contract value and income account value that vests over time. This lets contract owners jump start their retirement revenue pool.

Locked-In Growth

Our product design provides the ability to lock in any interest credited to the contract without risk of losing money when an index decreases.

Lifetime Income Benefit Rider

There are a variety of rider options available with different income generation and distribution features that vary by product. These options include different Income Account Value rates, accumulation periods, and fees. A Wellbeing Benefit is also available, allowing for increases in income payments for qualified care-related conditions detailed in the contract.¹

Premium bonus

The first year premium paid on American Equity IncomeShield BONUS products receives a bonus percentage credited to the contract value and income account value that vests over time. This affords contract owners the ability to jump start their retirement revenue pool.

Locked-In Growth

Our product design provides the ability to lock in any interest credited to the contract without risk of losing money when an index decreases.

Lifetime Income Benefit Rider

Multiple Lifetime Income Benefit Rider (LIBR) options are available. The LIBR helps secure a lifelong income source for owners 40+ at issue. The income payment amount to be received is measured by an income account value that is credited over time.

There are a variety of rider options available with different income generation and distribution features that vary by product. These options include different interest crediting methods, accumulation periods, and fees. Wellbeing Benefit riders are included automatically, allowing for increases in income payments for qualified care-related conditions detailed in the contract. There is a two-year waiting period before the benefit can be activated.

Plan for the retirement you want

If you want to shield a portion of your portfolio from market loss and secure a guaranteed income stream for life, an American Equity IncomeShield annuity could provide the combination of guarantees you need to live out the retirement you want.

Protect

Retirement dollars and interest credits from market downturns

Build

Daily interest crediting on Income Account Value (IAV)

Generate

Income payouts for your life

Ready to discover more?

Connect with your financial professional to explore how an annuity fits into your retirement portfolio. If you don’t have one, please contact us and we will help you connect with someone in your area.

Call 888-647-1371 to contact our sales support team.

Learn more about Annuities >

¹The wellbeing benefit can only be activated one time after a two year waiting period. Contract owner must be unable to perform two of six (seven in CA) ADLs and requires annual certification by a qualified physician. See disclosure and sales brochure for additional details.

American Equity IncomeShield 9 only available in California

Annuity contracts and riders issued under form series ICC24 BASE-IDX-B, ICC22 BASE-IDX, ICC23 BASE-IDX, ICC24 IDX-11-10, ICC22 IDX-10-7, ICC23 IDX-10-10, ICC20 E-PTP-C, ICC20 E-PTP-PR, ICC20 E-MPTP-C, ICC24 E-BPT, ICC20 R-EBR, ICC16 R-MVA, ICC20 R-LIBR-FCP, ICC20 R-LIBR-FSP, ICC20 R-LIBR-W-FCP, ICC20 R-LIBR-W-FSP, ICC25 R-LIBR-W-FCP, ICC25 R-LIBR-W-FSP and state variations thereof. Availability may vary by product and state.

Bonus available on 1st year premiums. Each year after the 1st contract year, you become vested in a percentage of the bonus, until 100% vested at the end of the 10th (9th in CA) contract year. Vested amounts of the bonus are the amounts not forfeited as a result of an early withdrawal or surrender. Bonus, surrender charges, and vesting schedules may vary by state. See brochure and disclosure for details.

Income Account Value is only used to calculate Lifetime Income. It is not part of the underlying Contract Value, or available in a lump sum.  Rider fee is calculated based on the income account value and deducted from the contract value on each contract anniversary as long as the rider is attached to the contract.  LIBR available for issue ages 40+. LIBR payments may not begin until age 50.

Withdrawal charges may apply to an annuity. Interest earnings in an annuity are not taxed until withdrawn. Annuity withdrawals and distributions may be subject to income tax and, if withdrawals or distributions are taken prior to age 59½, a 10% federal penalty tax may apply.

Possible interest credits for money allocated to an index-linked crediting strategy are based upon performance of the specific index; however, fixed index annuities are not an investment, but an insurance product, and do not directly invest in the stock market or the index itself.   Surrender charges may apply to excess withdrawals that exceed annual free withdrawal available under the contract. You may be subject to a 10% federal penalty if you make withdrawals before age 59 1/2.

Guarantees are based on the financial strength and claims paying ability of American Equity and are not guaranteed by any bank or insured by the FDIC.

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 American Equity Investment Life Insurance Company is not acting as your fiduciary as defined by the Department of Labor. American Equity does not offer legal, investment, or tax advice or make recommendations regarding insurance or investment products. Please consult a qualified professional.