Annuity rate data updated daily

Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates

Fixed Indexed Annuity

American Equity AssetShield 7

American Equity Investment Life Insurance Company

Get my rate report

9%

Best S&P 500 Annual Cap

10%

Free W/D

50

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 7 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.
Crediting strategy
Compare against
$285,876
Est. value at age 80 (American Equity AssetShield 7)
9%
Best S&P 500 1-yr point-to-point cap
Dow Jones Industrial Average — 7.5% 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 7's published cap rate (7.5% 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.

Free Comparison Report

Get an American Equity AssetShield 7 rate report

See how American Equity AssetShield 7 compares for your age, state, premium, and income goals alongside other American Equity Investment Life Insurance Company fixed indexed annuity options.

Get my rate report

Live rate data

Run live numbers for American Equity AssetShield 7

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% cap on S&P 500

A seven-year-surrender fixed indexed annuity from an A-rated carrier in American Equity's accumulation-focused AssetShield family — no income rider, a broad crediting menu spanning S&P 500, Nasdaq-100, Dow Jones, and several proprietary volatility-controlled indexes, with an optional fee-bearing Performance Rate Rider that lifts caps and participation rates.

1-year term7-year surrenderDoes not vary by premiumAdvisorWorld + CANNEX data

Best fit

Buyers who want index-linked accumulation with a mid-length seven-year commitment, value a wide menu of cap, participation, and trigger strategies across both recognizable benchmarks and proprietary low-vol indexes, and are comfortable choosing whether to pay an explicit Performance Rate Rider fee in exchange for higher caps and participation rates.

AM Best

A Excellent

Surrender period

7 years

Free withdrawal

10%/yr

Availability

50 jurisdictions (excl. New York)

Featured crediting strategies

Index / strategyRate mechanics

S&P 500

S&P 500 Index

9% cap rate

Annual cap

1-year term · 7-year surrender · Does not vary by premium

S&P 500

S&P 500 Index

Performance Rate Rider

11.5% cap rate

Annual cap

PRR fee: 1.5%/yr

1-year term · 7-year surrender · Does not vary by premium

S&P 500

S&P 500 Index

Monthly Point to Point · monthly sum cap

1.95% cap rate

Monthly cap

1-year term · 7-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

2.95% cap rate

Monthly cap

PRR fee: 1.5%/yr

1-year term · 7-year surrender · Does not vary by premium

S&P 500

S&P 500 Index

5.5% trigger rate

Performance trigger

1-year term · 7-year surrender · Does not vary by premium

S&P 500

S&P 500 Index

40% participation rate

Participation

1-year term · 7-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 · 7-year surrender · Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

7.75% cap rate

Annual cap

1-year term · 7-year surrender · Does not vary by premium

Nasdaq-100

Nasdaq-100 Index

6.7% trigger rate

Performance trigger

1-year term · 7-year surrender · Does not vary by premium

Dow Jones

Dow Jones Industrial Average

7.5% cap rate

Annual cap

1-year term · 7-year surrender · Does not vary by premium

Dow Jones

Dow Jones Industrial Average

6.45% trigger rate

Performance trigger

1-year term · 7-year surrender · Does not vary by premium

Fixed Account

Fixed Account

3.8% declared rate

Fixed account

1-year term · 7-year surrender · Does not vary by premium

+ 17 additional crediting options (S&P 500, BNP Paribas, NYSE Premier...)

Product analyst notes

How to think about this contract

Why it can stand out

  • Surrender term is seven years — a mid-length commitment relative to the ten-year filings that dominate the American Equity AssetShield series and the broader retail FIA shelf, so buyers who want index exposure without locking in a full decade have a same-carrier path.
  • Crediting menu is unusually wide: a recognizable S&P 500 annual point-to-point cap sits alongside cap, participation, and performance-trigger strategies on Nasdaq-100, Dow Jones Industrial Average, and a roster of proprietary volatility-controlled indexes (BNP Paribas Patriot Technology, NYSE Premier, Nasdaq Premier, BlackRock Adaptive US Equity, S&P 500 Dividend Aristocrats DRC 5%, S&P 500 Advantage VT TCA) — buyers can choose between like-for-like comparability and higher-participation alternatives.
  • An optional Performance Rate Rider is available that lifts caps and participation rates on every strategy in exchange for an explicit strategy fee, giving buyers a clear, contract-priced lever to dial up upside without renegotiating the chassis.
  • Free-withdrawal allowance and the full year-by-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 contract is not a guaranteed-lifetime-withdrawal product. There is no GLWB income rider in the live feed, and AssetShield is American Equity's accumulation family — buyers who need a contractually guaranteed lifetime payout should be looking at the carrier's IncomeShield series instead, not this contract.
  • The Performance Rate Rider that boosts caps and participation rates is a fee-bearing election — the enhanced numbers it produces are not free upside, and they are not directly comparable to base caps on other carriers' FIAs. Read the rider fee on its own terms before treating the higher rates as the headline.
  • Several of the index options are proprietary, volatility-controlled indexes designed to look attractive under high participation rates. Those participation rates are not directly comparable to an S&P 500 cap — evaluate each strategy on its own merits rather than comparing rate-to-rate across index types.
  • Guaranteed-minimum floors on caps, declared rates, and the fixed account are very low — caps and rates can reset down toward those floors over the seven-year surrender term, and the buyer carries that renewal risk for the full term.

Not ideal for

Buyers who need a contractually guaranteed lifetime withdrawal rate from a GLWB rider, want a built-in Protected Income Value income mechanism, or expect a premium bonus and a death-benefit roll-up — none of those are what this contract delivers, and the AssetShield family is structured for accumulation rather than income.

Free Comparison Report

Get an American Equity AssetShield 7 rate report

See how American Equity AssetShield 7 compares for your age, state, premium, and income goals alongside other American Equity Investment Life Insurance Company fixed indexed annuity options.

Get my rate report

All crediting strategies

View rate listings (29 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: 180% · 1-yr

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

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 140% · 1-yr

BNP Paribas Patriot Technology Index

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 100% · 1-yr

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

participation

7-yr surrenderDoes not vary by premium

Par: 90% · 1-yr

BNP Paribas Patriot Technology Index

participation

7-yr surrenderDoes not vary by premium

Par: 80% · 1-yr

NYSE Premier Index

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 80% · 1-yr

Nasdaq Premier Index

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 80% · 1-yr

S&P 500 Advantage 15% VT TCA Index (USD) ER

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 75% · 1-yr

BlackRock Adaptive US Equity 15% Index

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 60% · 1-yr

NYSE Premier Index

participation

7-yr surrenderDoes not vary by premium

Par: 60% · 1-yr

Nasdaq Premier Index

participation

7-yr surrenderDoes not vary by premium

Par: 60% · 1-yr

S&P 500 Advantage 15% VT TCA Index (USD) ER

participation

7-yr surrenderDoes not vary by premium

Par: 55% · 1-yr

S&P 500 Index

Performance Rate Rider · participation

7-yr surrenderDoes not vary by premium

Par: 45% · 1-yr

BlackRock Adaptive US Equity 15% Index

participation

7-yr surrenderDoes not vary by premium

Par: 40% · 1-yr

S&P 500 Index

participation

7-yr surrenderDoes not vary by premium

Cap: 11.75% · 1-yr

NYSE Premier Index

cap

7-yr surrenderDoes not vary by premium

Cap: 11.75% · 1-yr

Nasdaq Premier Index

cap

7-yr surrenderDoes not vary by premium

Cap: 11.75% · 1-yr

S&P 500 Advantage 15% VT TCA Index (USD) ER

cap

7-yr surrenderDoes not vary by premium

Cap: 11.5% · 1-yr

S&P 500 Index

Performance Rate Rider · cap

7-yr surrenderDoes not vary by premium

Cap: 9% · 1-yr

S&P 500 Index

cap

7-yr surrenderDoes not vary by premium

Trigger: 8.45% · 1-yr

S&P 500 Advantage 15% VT TCA Index (USD) ER

trigger

7-yr surrenderDoes not vary by premium

Trigger: 8.45% · 1-yr

Nasdaq Premier Index

trigger

7-yr surrenderDoes not vary by premium

Cap: 7.75% · 1-yr

Nasdaq-100 Index

cap

7-yr surrenderDoes not vary by premium

Cap: 7.5% · 1-yr

Dow Jones Industrial Average

cap

7-yr surrenderDoes not vary by premium

Trigger: 6.7% · 1-yr

Nasdaq-100 Index

trigger

7-yr surrenderDoes not vary by premium

Trigger: 6.45% · 1-yr

Dow Jones Industrial Average

trigger

7-yr surrenderDoes not vary by premium

Trigger: 5.5% · 1-yr

S&P 500 Index

trigger

7-yr surrenderDoes not vary by premium

Fixed: 3.8% · 1-yr

Fixed Account

fixed

7-yr surrenderDoes not vary by premium

Cap: 2.95% · 1-yr

S&P 500 Index

Monthly Point to Point with Performance Rate Rider · monthly_sum_cap

7-yr surrenderDoes not vary by premium

Cap: 1.95% · 1-yr

S&P 500 Index

Monthly Point to Point · monthly_sum_cap

7-yr surrenderDoes not vary by premium

Accumulation profile

Accumulation-focused contract

Current CANNEX information identifies this product as tax-deferred accumulation. Compare cap, participation rate, fees, liquidity, and surrender terms; use a separate payout-focused contract when guaranteed payout mechanics are required.

Common questions about American Equity AssetShield 7

● Can I lose money in American Equity AssetShield 7?

A negative index return by itself does not reduce the contract's account value: American Equity AssetShield 7 credits 0% — the floor — for that indexed period. The account value can still decrease from applicable rider fees, Performance Rate Rider or other strategy charges, administrative charges, withdrawals, surrender charges, or other contract-specific deductions. In years with no credited interest, those deductions can reduce the account value. Up to 10% of your value can be withdrawn each year without a charge; withdrawals above the penalty-free amount during the surrender period can incur a surrender charge.

● When can I access my money without a surrender charge?

Up to 10% of your account value each year is penalty-free. The scheduled surrender charges run 7 years; after that the surrender-charge schedule ends. Bonus vesting, market value adjustments when applicable, and other contract rules can still affect the amount available. The Liquidity tab of the analyzer shows the year-by-year surrender charge.

● How do American Equity AssetShield 7's crediting strategies compare?

Use "Compare against" in the analyzer to overlay another current American Equity AssetShield 7 strategy on the same premium, age, years, and hypothetical index path. The control labels the strategy type, rate, index, and context so caps, participation rates, triggers, spreads, and fixed-account choices are not treated as interchangeable.

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

3

Bail out provisions, Nursing home waiver, Terminal illness waiver

Death benefit

Standard Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Cap-rate floor

0.50%

Minimum guaranteed cap for cap-based indexed strategies.

Declared-rate floor

1.00%

Minimum guaranteed declared rate for declared-rate or performance-trigger strategies.

Fixed account guarantee

0.50%

Guaranteed minimum interest rate for the fixed account.

Participation-rate floor

10.00%

Minimum guaranteed participation rate for participation-rate indexed strategies.

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Yr 1

9.2%

Yr 2

9%

Yr 3

8%

Yr 4

7%

Yr 5

6%

Yr 6

4%

Yr 7

2%

After

0%

Nursing home waiver, Terminal illness waiver, Surrender waivers

Documents

product guide

American Equity AssetShield 7 Sales Brochure.pdf

Confidence: highReviewed Apr 1, 2026

Direct link not published — request the document from the carrier.

Carrier Ratings

AM BestA
S&PA
S&PA

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

American Equity AssetShield 7 currently shows 29 indexed or fixed crediting options, including S&P 500 Index, with 17 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, renewal terms, and fee-bearing rider variants are different mechanics and should not be ranked as one simple rate list.

  • S&P 500 Index: 9% annual cap
  • S&P 500 Index: 11.5% annual cap, Performance Rate Rider, 1.5% annual strategy fee
  • S&P 500 Index: 1.95% monthly point-to-point cap
  • S&P 500 Index: 2.95% monthly point-to-point cap, Performance Rate Rider, 1.5% annual strategy fee

Liquidity terms

Why access rules deserve as much attention as rates

A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.

  • 10%/yr free withdrawal
  • 7 surrender years
  • Nursing home waiver
  • Terminal illness waiver

Verification note

Use carrier materials as term evidence, then confirm the current version

Carrier materials such as American Equity AssetShield 7 Sales Brochure.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 8, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.

  • Rates and rider terms can vary by state and issue age
  • Carrier guarantees depend on claims-paying ability
  • Current contract forms should be confirmed before purchase

Free Comparison Report

Get an American Equity AssetShield 7 rate report

See how American Equity AssetShield 7 compares for your age, state, premium, and income goals alongside other American Equity Investment Life Insurance Company fixed indexed annuity options.

Get my rate report

Related Resources