Fidelity and Guaranty (F&G) Index Choice 10 Fixed Indexed Annuity


F&G Index Choice 10 fixed index annuity is a 10-year retirement plan designed to safely accumulate wealth while preserving your savings from market volatility. 

FG Index- Choice 10 Fixed Indexed Annuity is a retirement plan designed to help you:

  • Preserve your savings with indexed growth potential and no downside market risk
  • Meet expenses with access for qualifying health conditions and limited partial withdrawals
  • Leave a financial legacy with a death benefit for peace of mind


What is an annuity? 

What is an annuity? An annuity is a long-term retirement tool that can be a cornerstone of your financial security and success.

You pay a premium (think of it as your principal) to F&G and F&G provides an annuity contract with unique benefits to you.

An annuity protects and potentially builds your savings, with the option of converting them into scheduled income payments for retirement.

If you’re interested in an opportunity to grow your savings based on a market index–without the risk of actually participating in the market–a FIXED INDEXED ANNUITY may be a good choice for you.



Is FG Index-Choice 10 a good option for you?

FG Index-Choice 10 fixed index annuity protects your savings from stock market risks while potentially giving you market-based growth with tax-deferred earnings. It is a long-term retirement planning product with these important features:

  • We give you a bonus based on the premium you pay in the first year. The bonus is added immediately to your account.
  • You can choose from several options for earning interest on your premium: one fixed interest option (with a guaranteed rate) and additional options tied to market indexes.
  • Any growth of your savings is tax-deferred (you pay taxes only when you make withdrawals or receive income in the future).
  • You’ll have full access to your account for unexpected health care costs, namely qualifying nursing or home health care, or in the event of a terminal illness. This benefit applies to conditions that arise one year or more after the contract begins.
  • From day one you have a death benefit for peace of mind.
  • You may withdraw your money at any time. Withdrawals in year one, or withdrawals in years 2-10 of over 10% of your account value, will incur withdrawal charges. 

Your choice for tax-deferred growth

You choose any combination of these potential interest-earning options:

  • A fixed interest option (we set the rate annually; it’s guaranteed not to be below 1%)
  • Several options tied to the S&P 500 Index

Each index option is subject to caps, participation rate, and/or spreads.

The index options are linked to a market index, but you are not investing directly in the stock market or any index.

We protect you from downside risk, and you are guaranteed not to lose money due to market declines.

At the end of each crediting period, any gains are locked in.

Access for unexpected health care costs

If you need home health or nursing home care, or in the event of terminal illness, you may access your account value with no surrender charges or Market Value Adjustment (MVA). The diagnosis of terminal illness, or the beginning of home health or nursing home care, must occur at least one year after the contract is issued. These are defined conditions, and this benefit may vary from state to state.

Death Benefit

Your account value is paid as a lump sum death benefit.


Ability to withdraw

You may withdraw your money at any time. We know you may have unexpected opportunities or expenses. You’ll have penalty-free access to 10% of the account value in years 2-10. Any other withdrawals will incur withdrawal charges. These consist of surrender charges and MVA. The surrender charge in year one is 14% of the withdrawal, and this percentage decreases each year for 10 years. The following states follow an alternative surrender charge schedule:

  • AK
  • AL
  • CA
  • DE
  • FL (ages 65+)
  • MA
  • MN
  • MS
  • NJ
  • NV
  • OH
  • OK
  • OR
  • PA
  • SC
  • TX
  • UT
  • WA

In these states, the surrender charge in contract year one is 9% of the withdrawal, and this percentage decreases over 10 years. Indiana also follows an alternative surrender charge schedule: in contract year one it is 12% of the withdrawal. This percentage decreases over 10 years.

What is a Market Value Adjustment?

Any time a withdrawal incurs a surrender charge, an MVA will be made. The MVA is based on a formula that takes into account changes in the U.S. Treasury yields since the contract was issued. Generally, if treasury yields have risen, the MVA will decrease the surrender value; if they have fallen, the MVA will increase the surrender value. The MVA does not apply in

  • AK
  • AL
  • IL
  • MN
  • MO
  • MS
  • OR
  • PA
  • WA



You don’t have to worry about outliving your assets – you can turn your annuity into scheduled payments for life on its maturity date. The maturity date of your FG Index-Choice 10 annuity is set when it is issued.


Minimum Premium

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