ASIA PLUS NY 10
Status:
Active
Group:
American National
Product Type:
Indexed Annuity
Product Status:
Approved
Version:
0
Inception Date:
September 01, 2015
Closed Date:
Last Modified:
March 02, 2026 12:02
Description:
The ASIA PLUS NY 10 is a single premium deferred index annuity. The minimum single premium is $5,000 for qualified and $10,000 for non-qualified money. 10% of the accumulated value may be withdrawn at the beginning of the contract year. Systematic Withdrawal is an option. Surrender charges are 10 years in duration and are waived in the event of death, disability, entrance into a nursing home or hospital or diagnosis of a terminal illness. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Early surrender charges may also apply. Guarantees based on claims paying ability of insurer. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Fee Based:
No
Free Look:
Yes
Plan Types:
401 (k), HR-10 (Keogh), 403 (b), Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, Spousal IRA, Others, 401 (a)
Premium Types:
Single
States Available:
NY
States Exception:
Version Note:
Scrap Book:
As per Rate sheet the GMIR changes in this product on date 03/01/2026.
Death benefits
| Name | Internal name | Sequence | Inception date |
|---|---|---|---|
| Basic Death Benefit | Basic Death Benefit | 1 |