Fixed Indexed Annuity

Orbiter Growth 5

AuguStar Financial

8.5%

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

8.5% cap on S&P 500

An accumulation-focused, A-rated, five-year fixed indexed annuity from AuguStar built around a no-fee S&P 500 annual point-to-point cap plus a wide menu of proprietary participation-rate strategies on five-year crediting terms, with no income rider attached.

1-year termAdvisorWorld + CANNEX data

Best fit

Accumulation-focused buyers who want a MYGA-length five-year lockup but with index-linked upside, value a recognizable no-fee S&P 500 annual point-to-point cap as a baseline, and are comfortable choosing between five-year participation-rate strategies on proprietary volatility-controlled indexes for higher-participation alternatives.

AM Best

A Excellent

Surrender period

5 years

Free withdrawal

10%/yr

Availability

51 jurisdictions (excl. New York)

Featured crediting strategies

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

Index / strategyRate mechanicsTermPremium

S&P 500

S&P 500 Index

8.5% cap rate

Rate varies by premium band.

1-year term

Up to $150,000

S&P 500

S&P 500 Index

100% participation rate + 6.95% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

S&P 500

S&P 500 Index

7% cap rate

Rate varies by premium band.

5-year term

Up to $150,000

Fixed Account

3.4% 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

Five-year surrender on a fixed indexed annuity — meaningfully shorter than the seven- and ten-year FIAs that dominate this site, so the lockup window matches a MYGA-style commitment while keeping index-linked upside.
Crediting menu includes a recognizable S&P 500 annual point-to-point cap with no strategy fee, so the buyer gets at least one clean like-for-like comparison line against other FIAs on this site rather than only proprietary participation-rate strategies.
Index menu is unusually wide for a five-year contract — Barclays Global Trailblazer, US Multi-Asset Risk Managed 5, US Daily Risk Managed 12, US Balanced Asset 10, US Strategic Balanced Asset 8, and US Multi-Asset Diversified 5 all appear as five-year participation-rate strategies, plus a one-year S&P 500 trigger-rate option and a daily-rate fixed account.
Free-withdrawal allowance, the full year-by-year surrender ladder, the market-value-adjustment flag, and the nursing-home waiver are all visible directly on this page rather than gated behind a sales brochure.

What to confirm

This is an accumulation-only fixed indexed annuity. There is no optional lifetime-income rider attached in this data and no built-in Protected Income Value chassis — do not buy this contract for a guaranteed lifetime withdrawal. Its job is index-linked growth over the five-year term, not income.
Most of the participation-rate strategies on this menu run on a five-year crediting term rather than the more common one-year cadence. A buyer who exits or reallocates before a crediting term completes can forfeit interest that would otherwise have credited at the end of the term — confirm crediting-term mechanics with the carrier before committing.
All of the non-S&P participation-rate indexes are proprietary volatility-controlled indexes. 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 — evaluate each on its own merits rather than headline number alone.
Surrender lockup runs five years with a market-value adjustment on amounts above the free-withdrawal allowance. Early exits carry both a surrender charge and interest-rate sensitivity through the MVA — confirm with the carrier how the MVA is computed before any planned partial surrender.

Not ideal for

Buyers who need a contractually guaranteed lifetime withdrawal rate from a GLWB rider, want income built in via a Protected Income Value chassis, need a plain MYGA-style declared-rate guarantee with no index strategy decisions, require sub-five-year surrender liquidity, or want only one-year crediting terms across the index menu — none of those are what this contract is built to deliver.

All crediting strategies

View rate listings (24 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: 100% + Fixed: 6.95% · 1-yr

S&P 500 Index

trigger