Performance Rate Rider
Product:
American Equity AssetShield 10
Status:
Active
Internal name:
Sequence:
2
Rider select rule:
Optional
Participant based on:
Owner
Inception date:
2021-02-18
Closed date:
States available:
State exceptions:
Notes:
Rider provides an opportunity to increase the cap, participation rate or replacement rate on elected index-linked crediting strategies.
When added:
Included automatically for all ages, but must apply to one or more strategies either at issue or on a contract anniversary and fee would apply at that point.
Feature termination:
May be removed with written notice.
Feature cases
| Case name | Current charge (%) | Max charge (%) | Owner age (min–max) | Annuitant age (min–max) |
|---|---|---|---|---|
| Performance Rate Rider | 0 | 18 – 80 |