Fixed Indexed Annuity

American Equity AssetShield 10

American Equity Investment Life Insurance Company

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9.25%

Best S&P 500 Annual Cap

10%

Free W/D

Available jurisdictions

Product data status: July 16, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Model this product

See what American Equity AssetShield 10 would do for you

Set your numbers and switch between growth, income, and liquidity. Index losses credit 0% — the floor — so a down market never reduces your value.

Product analyzer

Illustrative — live CANNEX rates as of July 16, 2026; not a projection or guarantee.

Premium$100,000

Your age60

Crediting strategy

Compare against

$290,562

Est. value at age 80 (American Equity AssetShield 10)

9.25%

Best S&P 500 1-yr point-to-point cap

Dow Jones Industrial Average — 7.75% Cap (Annual)

✦

How crediting works: the cap limits positive index returns; a down year credits 0%, never a loss. A cap strategy tracks the index within its terms. What is a cap vs participation? →

Assumptions: illustrative — applies American Equity AssetShield 10's published cap rate (7.75% on Dow Jones Industrial Average) to a standard benchmark hypothetical index path (~5.4%/yr average, including down years) with a 0% floor over 20 years. Not a projection, quote, or guarantee. Live CANNEX rates as of July 16, 2026.

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See how American Equity AssetShield 10 compares for your age, state, premium, and income goals alongside other American Equity Investment Life Insurance Company fixed indexed annuity options.

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Live rate data

Run live numbers for American Equity AssetShield 10

Current rates, riders, crediting strategies, state availability, and contract facts stay scoped to this American Equity Investment Life Insurance Company product.

Live product data

Rates as of July 16, 2026, from AdvisorWorld and CANNEX.

S&P 500 annual cap rate

9.25% cap on S&P 500

A ten-year-surrender fixed indexed annuity from an A-rated carrier — the long-surrender flagship of American Equity's AssetShield line — built for accumulation across a broad menu of cap, participation, trigger and monthly-sum strategies on roughly nine indexes, with no income rider and no premium bonus.

1-year term10-year surrenderDoes not vary by premiumAdvisorWorld + CANNEX data

Best fit

Buyers committed to a full ten-year deferral who want index-linked accumulation with the longest-term filing in the AssetShield line, value a broad strategy menu spanning recognizable benchmark caps and proprietary volatility-controlled participation strategies, and do not need a guaranteed lifetime-income rider built into the contract.

AM Best

A Excellent

Surrender period

10 years

Free withdrawal

10%/yr

Availability

49 jurisdictions (excl. California, New York)

Featured crediting strategies

Caps, participation rates, and declared rates are shown separately.

Index / strategyRate mechanicsCreditingSurrenderPremium

S&P 500

S&P 500 Index

9.25% cap rate

Annual cap

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

Performance Rate Rider

11.75% cap rate

Annual cap

PRR fee: 1.5%/yr

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

Monthly Point to Point · monthly sum cap

2% cap rate

Monthly cap

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

Monthly Point to Point with Performance Rate Rider · monthly sum cap

3.2% cap rate

Monthly cap

PRR fee: 1.5%/yr

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

5.75% trigger rate

Performance trigger

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

40% participation rate

Participation

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

S&P 500

S&P 500 Index

Performance Rate Rider

55% participation rate

Participation

PRR fee: 1.5%/yr

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

8% cap rate

Annual cap

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

6.75% trigger rate

Performance trigger

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

Dow Jones

Dow Jones Industrial Average

7.75% cap rate

Annual cap

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

Dow Jones

Dow Jones Industrial Average

6.5% trigger rate

Performance trigger

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

Fixed Account

3.8% declared rate

Fixed account

1-year term · 10-year surrender · Does not vary by premium

1-year term

10-year surrender

Does not vary by premium

+ 32 additional crediting options (S&P 500, BNP Paribas, NYSE Premier...)

Product analyst notes

How to think about this contract

Why it can stand out

Carrier financial-strength is rated by more than one independent agency (A.M. Best and S&P), so the strength view is not a single-source read.
Index menu is unusually broad — buyers get recognizable benchmark exposure (S&P 500, Nasdaq-100, Dow Jones Industrial Average) alongside a set of carrier and volatility-controlled indexes (NYSE Premier, Nasdaq Premier, BNP Paribas Patriot Technology, BlackRock Adaptive US Equity, S&P 500 Advantage VT TCA) so a buyer can choose between like-for-like cap comparison and higher-participation alternatives.
Multiple crediting mechanics are offered on the same chassis — annual point-to-point caps, participation-rate strategies, fixed-trigger strategies, and a fixed-account option — so the buyer can mix exposure across crediting designs rather than being locked into a single style.
Free-withdrawal allowance and the full ten-year surrender ladder are visible on this page, so the schedule of penalty-free liquidity is not gated behind a sales brochure.

What to confirm

This is the long-surrender flagship of the AssetShield line (5, 7, 9, 10). The ten-year commitment with a front-loaded surrender charge is significantly heavier than the shorter-term siblings — buyers who do not need the full ten-year deferral should compare AssetShield 5, 7, or 9 explicitly before locking in the longest term, because the longer commitment is the cost paid for the higher caps and participation rates on this contract.
This contract is not a guaranteed-lifetime-withdrawal product. The page explicitly states a lifetime-income rider is not available — the only rider-style enhancements on this contract are crediting bumps (Performance Rate Rider) and surrender-charge waivers (nursing home, terminal illness). Do not compare its payout side-by-side with a GLWB-rider income FIA.
The Performance Rate Rider that quotes the higher caps and participation rates on this contract is a fee-bearing enhancement (a strategy-level charge), not a free upgrade — caps quoted under that rider are not directly comparable to a no-fee cap on another carrier's product.
Several of the listed indexes (BNP Paribas Patriot Technology, BlackRock Adaptive US Equity, S&P 500 Advantage VT TCA, S&P 500 Dividend Aristocrats with daily risk control) are volatility-controlled or proprietary. Participation rates on these strategies look very high in absolute terms but are not directly comparable to an uncontrolled S&P 500 cap — evaluate each strategy on its own merits. There is also no premium bonus on this contract to offset the long surrender term, and the guaranteed-minimum cap and fixed-account floors are very low — caps and participation rates can reset down toward those floors over the ten-year surrender term, and the buyer carries that renewal risk for the full term.

Not ideal for

Buyers who need short-surrender liquidity, want a contractually guaranteed GLWB-rider withdrawal rate, expect a premium bonus to offset a long surrender term, or want a death-benefit roll-up beyond the standard death benefit — none of those are what this contract is built to deliver. Buyers who do not need the full ten-year commitment should look at AssetShield 5, 7, or 9 instead.

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All crediting strategies

View rate listings (44 strategies)

These are the current crediting strategies available for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 185% · 1-yr

S&P 500 Dividend Aristocrats Daily Risk Control 5% Index (USD) Excess Return

Performance Rate Rider · participation