Global Atlantic Choice Accumulation II 10-Year Fixed Index Annuity


Global Atlantic Choice Accumulation II 10 fixed index annuity is a 10-year retirement savings plan designed for safely accumulating wealth and enhancing a death benefit.

Choice Accumulation II 10 is a fixed index annuity that  provides:

  • Personalized growth potential: You have the ability to grow your money through a broad array of fixed and index-linked interest crediting strategies. 
  • Downmarket protection: No matter how you choose to potentially grow your money, negative market performance won’t reduce it. 
  • A way to leave a legacy, guaranteed: An optional way to predictably grow a legacy is available, that may exceed the amount of your regular death benefit.


Customize your retirement

How you choose to grow your money for your retirement is a personal matter.

You may want predictability and stability from your retirement savings or you might want an opportunity for greater growth.

It’s all about what matters to you.

If you want to customize your retirement strategy, avoid decreases from poor market performance and have the option to predictably grow what you plan to leave behind, Choice Accumulation Fixed Index Annuity may be the right option for you.

Related Reading: How much money to retire at 40?



What is a fixed index annuity?

A fixed index annuity or FIA is a long-term savings vehicle that offers potential growth that may be linked to a market index (or indices).

FIAs are insurance contracts, not registered securities, or stock market investments.

You are never invested in the index itself.

FIAs typically feature downside market protection which may make them appropriate for people who are unwilling to risk market losses.

An FIA may help offset the ups and downs of equities (like mutual funds) in a retirement strategy.


Personalize your growth potential

With a Global Atlantic Choice Accumulation fixed index annuity, your contract value has the ability to grow.

Initially, your contract value equals the amount of your Choice Accumulation purchase.

For example, if you bought a $100,000 Choice Accumulation annuity, your initial contract value would be $100,000.

But over time, your contract value may grow through one of many interest crediting strategies, including:

  • A strategy for steady growth: Choice Accumulation’s fixed crediting strategy can help you grow your contract value at a competitive annual fixed rate. 
  • Strategies for more growth potential: There are also a variety of other choices where the interest your contract value may earn is linked to the performance of an index, such as the S&P 500.

Every strategy includes a bailout provision which is an option to withdraw all or a portion of your annuity contract without penalty, should certain conditions apply.


The contract value, less any applicable charges, is the surrender value, which is the money you can walk away with should you decide to cancel, or “surrender” the annuity.


An index tracks the overall performance of a group of stocks, bonds, or other securities.

An index can be broadly representative of the market or be tied to a specific sector, such as technology.

Indices are used as an objective indication of market performance but are not available to invest indirectly.


Downmarket protection

Never experience decreases from poor market performance

Regardless of the interest crediting strategy you select, you can’t lose money due to poor market performance with Choice Accumulation.


Because you’re not actually purchasing shares of any index, stocks, bonds, or other market investments, you’re not subject to the volatility of unpredictable losses.

How growth potential and downside market protection work together

As an FIA, Choice Accumulation offers interest crediting strategies that lock in any positive gains at the end of the strategy term.

If you select an index-based crediting strategy and it has negative performance for any strategy term, you simply receive zero-interest credits for that year.

In other words, your contract value won’t decrease due to negative performance and there’s no recovery necessary.

You can continue to earn interest in your contract value without having to make up for a prior period’s market loss if any.



Leave a legacy, guaranteed

Choice Accumulation also offers an optional Enhanced Death Benefit (EDB), for an additional fee, that enables you to potentially leave your beneficiary with more than your contract value.

This optional benefit is separate and distinct from your contract value and, if selected, provides steady and predictable growth toward your death benefit.

Initially, your EDB figure is equal to your original Choice Accumulation premium.

Each year, your EDB grows by a guaranteed percentage for up to 15 years.

If the amount ends up being greater than your contract value, your beneficiary receives the EDB value.

After your passing, your beneficiary either gets the EDB or your contract value as a death benefit – whichever is greater.

If you don’t elect the EDB option, your contract value will pass on to your beneficiary after your death, guaranteed.


Life Insurance Alternative

If you’re seeking to enhance a death benefit for estate planning purposes, also shop and compare life insurance quotes too.  It’s rare we don’t find a solution.  Life Insurance is tax-free for beneficiaries while annuities are tax-deferred for beneficiaries.



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