Fixed Indexed Annuity

Orbiter Growth 9 with Premium Bonus

AuguStar Financial

4.8%

Best Cap

10%

Free W/D

California

Only state

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 California-only, nine-year-surrender fixed indexed annuity from A-rated AuguStar Financial with a day-one premium bonus that vests over the full surrender window, a no-fee S&P 500 annual point-to-point cap, and a wide menu of proprietary participation-rate strategies — the California filing of the same Orbiter chassis sold elsewhere as the ten-year version.

1-year termAdvisorWorld + CANNEX data

Best fit

California-resident, accumulation-focused buyers committing to a nine-year deferral who want a day-one premium bonus alongside a recognizable no-fee S&P 500 cap and a wide menu of proprietary participation-rate strategies, and who are comfortable holding the contract to the end of the surrender window so the bonus fully vests and the contract becomes penalty-free at the same time.

AM Best

A Excellent

Surrender period

9 years

Free withdrawal

10%/yr

Availability

California only

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

Fixed Account

2.2% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

+ 6 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 premium bonus credits to the contract on day one — recognized in the working account balance from the start, with index credits then computed on the bonused base rather than only on net premium.
Crediting menu includes a recognizable S&P 500 annual point-to-point cap with no published 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.
Index menu is unusually wide for a nine-year contract — the S&P 500 cap sits alongside the Barclays Global Trailblazer Index plus four Morgan Stanley risk-managed indexes (US Multi-Asset Risk Managed 5, US Daily Risk Managed 12, US Balanced Asset 10, US Strategic Balanced Asset 8) and the US Multi-Asset Diversified 5 — giving the buyer several volatility-controlled participation-rate alternatives to the headline cap.
Carrier financial strength is reported on this page as A.M. Best 'A' (Excellent), so a buyer locking principal into the nine-year deferral is committing to an A-rated insurer.

What to confirm

This contract is filed for California only. It is the nine-year, California-DOI-filing sibling of Orbiter Growth 10 with Premium Bonus on the same Orbiter chassis — buyers outside California should compare against the ten-year version, which is the fifty-jurisdiction (excluding New York) filing of the same product family.
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, so do not buy this contract for a guaranteed lifetime withdrawal — its job is index-linked growth over a nine-year deferral, not income.
The premium bonus vests on a graded schedule that runs the full length of the surrender period, so any partial or full surrender during the surrender window forfeits the unvested portion of the bonus on top of the surrender charge plus a market-value adjustment on amounts above the annual free-withdrawal allowance. Treat the bonus as a long-deferral feature, not a day-one liquidity event — the buyer only fully owns the bonus the same year the contract becomes penalty-free.
The standard death benefit on this contract pays cash surrender value, not account value or a rolled-up income base — 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 outside California (they should look at Orbiter Growth 10 with Premium Bonus, the fifty-jurisdiction sibling on the same chassis), buyers who need a contractually guaranteed lifetime withdrawal rate from a GLWB rider, buyers who want a plain MYGA-style declared rate, buyers who need short-surrender liquidity or expect to take more than the free-withdrawal allowance during the surrender window, and buyers who require an account-value-based death benefit — none of those are what this contract is built to deliver.

All crediting strategies

View rate listings (16 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