Fixed Indexed Annuity

Orbiter Income 5

AuguStar Financial

4.2%

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.

GLWB lifetime payout rate

6.35% lifetime payout

Orbiter Income 5 is a short, five-year-surrender, A-rated fixed indexed annuity from AuguStar Financial built around a real optional GLWB rider (Equilibrium Plus) with a tiered roll-up on the withdrawal base and a GAP rider that floors the account value at the end of the term.

1.15% annual rider feeAdvisorWorld + CANNEX data

Best fit

Buyers who want lifetime income from a published, optional GLWB rider with a compound roll-up on the withdrawal base, who value a short five-year lockup over the longer surrender windows typical of income FIAs, and who are comfortable with a rider fee charged against the withdrawal base and a single-source A.M. Best A rating from the carrier.

AM Best

A Excellent

Surrender period

5 years

Free withdrawal

10%/yr

Availability

51 jurisdictions (excl. New York)

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

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+ 7 volatility-controlled index options (Barclays Global, US Multi-Asset, US Daily...)

Lifetime Income Riders

Income rider

Equilibrium Plus Rider

Lifetime payout rate6.35% lifetime payout

Annual rider fee1.15% annual rider fee

Product analyst notes

How to think about this contract

Why it can stand out

Lifetime income comes via a real, optional GLWB rider — the Equilibrium Plus Rider — with a published withdrawal rate and a compound roll-up on the withdrawal base during deferral, so the income figure on this page is directly comparable to other rider-led FIAs on the site.
The withdrawal-base roll-up is contractually defined in two tiers (a primary rate during the early years and a tail rate thereafter), so a buyer can model the growth of the income base across a longer deferral horizon from the rider terms alone.
The contract carries an unusually short five-year surrender schedule for an income-led FIA, paired with an annual free-withdrawal allowance and a nursing-home waiver — liquidity discipline is meaningful but the lockup window is shorter than the seven- to ten-year designs typical of the income segment.
A separate Guaranteed Accumulation Protection (GAP) rider promises a guaranteed minimum account value at the end of the surrender term, so even a buyer who never elects income has a floor on the contract value at maturity.

What to confirm

The Equilibrium Plus Rider charges an explicit annual fee against the withdrawal base, not the account value, and the contract publishes both a current and a maximum fee rate — effective drag can run higher than the current rate if the carrier later moves the fee toward its contractual maximum, so model the rider on both fee levels before committing.
The income rider is flagged not RMD-friendly in the live feed, so buyers planning to use this for qualified retirement money should confirm with the carrier how rider income interacts with required minimum distributions before deferring.
There is no premium bonus and no return-of-premium guarantee on this contract — the income story rides entirely on the rider's withdrawal rate and roll-up, with no day-one lift to the income base from the carrier.
Annuitization is available on a single-life basis only and joint-life payouts are not offered on this filing — couples who need joint-life lifetime income through annuitization will need a different contract.

Not ideal for

Buyers who need RMD-friendly rider income, a joint-life lifetime payout, a premium bonus that lifts the income base on day one, a rider-fee-free Protected Income Value chassis, or a plain MYGA-style declared rate without any optional rider — none of those are what this contract is built to deliver.

All crediting strategies

View rate listings (18 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.

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