Fixed Indexed Annuity

Orbiter Growth 10 with Premium Bonus

AuguStar Financial

4.8%

Best Cap

10%

Free W/D

Jurisdictions

Product data status: May 29, 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.

Live product data

Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.

S&P 500 annual point-to-point cap

4.8% cap on S&P 500

A ten-year-surrender, accumulation-focused fixed indexed annuity from A-rated AuguStar Financial that pairs a day-one premium bonus on a graded multi-year vesting schedule with a no-fee S&P 500 annual point-to-point cap and a wide menu of proprietary participation-rate and annual-trigger strategies underneath, plus a Guaranteed Minimum Account Value rider — no income rider, no PIV.

1-year termAdvisorWorld + CANNEX data

Best fit

Accumulation-focused buyers outside California and New York who can commit to the full ten-year surrender and want a day-one premium-bonus lift on the account value, a recognizable no-fee S&P 500 annual point-to-point cap alongside a wide menu of proprietary participation-rate and annual-trigger strategies, and an EGAP-rider Guaranteed Minimum Account Value floor from a tri-agency-rated carrier — and who are prepared to hold the contract long enough for the bonus to fully vest.

AM Best

A Excellent

Surrender period

10 years

Free withdrawal

10%/yr

Availability

50 jurisdictions (excl. California, New York)

Featured crediting strategies

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

Index / strategyRate mechanicsTermPremium

S&P 500

S&P 500 Index

4.8% cap rate

Rate varies by premium band.

1-year term

Up to $150,000

S&P 500

S&P 500 Index

100% participation rate + 4.45% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

Fixed Account

2.2% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

+ 8 volatility-controlled index options (Barclays Global, US Multi-Asset, US Daily...)

Product analyst notes

How to think about this contract

Why it can stand out

A day-one premium bonus is credited to the account value at issue, giving the contract an immediate account-value lift before any index-crediting period begins — a structural distinction from the no-bonus sibling on the same chassis (Orbiter Growth 10) and a meaningful head start over a plain accumulation FIA at the same surrender length.
Crediting menu includes a recognizable S&P 500 annual point-to-point cap with no strategy fee, so this contract gives a buyer at least one clean like-for-like comparison line against other FIAs on this site rather than only proprietary participation-rate strategies.
Three annual-trigger declared-rate strategies are available — one on the S&P 500 and two on Macquarie volatility-controlled indexes — giving a buyer a pre-declared crediting amount paid whenever the index closes flat or positive for the year, a distinct mechanic from cap and participation strategies.
An Enhanced Guaranteed Accumulation Protection (EGAP) rider is attached as the contract's Guaranteed Minimum Account Value feature, so a long-deferral buyer has a contractual floor on account value separate from the standard guaranteed-minimum cap and participation rates published on this page, all behind an A.M. Best 'A' (Excellent) carrier.

What to confirm

This is an accumulation-only fixed indexed annuity. The live feed shows no optional lifetime-income rider and no Protected Income Value chassis — do not buy this contract for a guaranteed lifetime withdrawal. Its job is index-linked growth on a bonus-enhanced account value over the ten-year surrender term, not income.
The premium bonus is a graded-vesting bonus, not a fully-vested credit. The vesting schedule reaches full vesting only beyond year ten, and it follows a non-monotonic step pattern across the eleven-year window — a buyer who surrenders inside the term forfeits a portion of the bonus on top of the surrender charge, so the bonus is a deferral commitment, not free money.
Surrender lockup runs ten years with a market-value adjustment on amounts above the free-withdrawal allowance, and the surrender ladder stacks against the unvested portion of the premium bonus — early exits carry both a surrender charge and a partial-bonus clawback on the account value, plus MVA interest-rate sensitivity. That is on the long end of FIA surrender schedules currently sold. This is also the non-California, non-New York filing: California residents must purchase the sibling Orbiter Growth 9 with Premium Bonus (a nine-year-surrender filing on the same bonused chassis) at /providers/augustar/fia/orbiter-growth-9-with-premium-bonus instead, and New York residents are not eligible for either filing.
Most non-S&P index options are proprietary Macquarie or Barclays volatility-controlled indexes paired with participation rates rather than caps. Their participation rates can look high in absolute terms but are not directly comparable to an S&P 500 cap, and several have shorter live-track histories than the S&P 500 itself. The standard death benefit pays cash surrender value rather than account value or a rolled-up base, so heirs receive what a buyer would receive on a non-penalty surrender, which can be materially lower than an account-value-based death benefit on a competing contract.

Not ideal for

Buyers who need a contractually guaranteed lifetime withdrawal from a GLWB rider, want built-in PIV-style income, need short-surrender liquidity, expect a fully-vested premium bonus on day one (this one vests on a graded schedule that runs beyond year ten), or require an account-value-based death benefit — none of those are what this contract is built to deliver. California residents should look at the sibling Orbiter Growth 9 with Premium Bonus (nine-year surrender, same bonused chassis) at /providers/augustar/fia/orbiter-growth-9-with-premium-bonus instead; New York residents are not eligible for either filing.

All crediting strategies

View rate listings (22 rows)

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

Par: 119% · 1-yr

US Multi-Asset Diversified 5 Index

participation