Fixed Indexed Annuity

Nassau Bonus Annuity

Nassau Life

7.25%

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 rate

7.25% cap on S&P 500

A nine-year-surrender fixed indexed annuity from Nassau Life with a one-time premium bonus credited at issue, accumulation-focused crediting across the S&P 500, Nasdaq-100, and Sunrise Adjustment participation designs, an annual free-withdrawal allowance, RMD and nursing-home waivers, and a B-grade A.M. Best carrier rating — not available in New York or Maine.

1-year termAdvisorWorld + CANNEX data

Best fit

Buyers committed to a multi-year deferral who want a premium bonus credited at issue to enlarge the working balance, value the choice between an S&P 500 cap for clean comparison and higher-participation Sunrise Adjustment alternatives, and are comfortable with a B-grade A.M. Best carrier rating in exchange for the bonus and accumulation crediting on this filing.

AM Best

B++ Good

Surrender period

10 years

Free withdrawal

10%/yr

Availability

49 jurisdictions (excl. Maine, New York)

Featured crediting strategies

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

Index / strategyRate mechanicsTermPremium

S&P 500

S&P 500 Index

7.25% cap rate

1-year term

Premium band not shown

S&P 500

S&P 500 Index

45% participation rate

1-year term

Premium band not shown

S&P 500

S&P 500 Index

56% participation rate

1-year term

Premium band not shown

S&P 500

S&P 500 Index

55% participation rate

2-year term

Premium band not shown

S&P 500

S&P 500 Index

71% participation rate

2-year term

Premium band not shown

Nasdaq-100

Nasdaq-100 Index

30% participation rate

1-year term

Premium band not shown

Nasdaq-100

Nasdaq-100 Index

39% participation rate

1-year term

Premium band not shown

Nasdaq-100

Nasdaq-100 Index

38% participation rate

2-year term

Premium band not shown

Nasdaq-100

Nasdaq-100 Index

51% participation rate

2-year term

Premium band not shown

Fixed Account

3.2% declared rate

1-year term

Premium band not shown

+ 4 volatility-controlled index options (Smart Passage...)

Lifetime Income Riders

Income rider

Amplified Income Plus Rider

RMD friendly

Lifetime payout rate6.1% lifetime payout

Annual rider fee0.95% annual rider fee

Income rider

Amplified Income Plus with Rising Income Opportunity Rider

RMD friendly

Lifetime payout rate5% lifetime payout

Annual rider fee0.95% annual rider fee

Product analyst notes

How to think about this contract

Why it can stand out

A one-time premium bonus is credited to the contract at issue on top of the principal, so the working balance on day one is larger than the cash deposited — useful for buyers who want their indexed crediting and free-withdrawal allowance to apply to a bumped-up base, not just to the dollars they wrote a check for.
Crediting menu spans recognizable benchmark indexes (S&P 500, Nasdaq-100) alongside fee-included and Sunrise Adjustment participation designs, so a buyer can pick the mechanic that best fits their view — a clean S&P cap for like-for-like comparison, a higher participation rate on a proprietary mechanic, or a fixed account for full principal-protected accumulation.
An annual free-withdrawal allowance plus three contract-level surrender-charge waivers (nursing home, RMD, terminal illness), so required-minimum-distribution withdrawals for qualified buyers and the events the waivers cover do not trigger a surrender charge on top of the free-withdrawal access.
Both single and joint annuitization options are available, and the contract accepts both non-qualified and qualified funds, so couples planning a joint-life payout and buyers using IRA money are both inside the product's accepted-funds and payout-options envelope.

What to confirm

Carrier financial-strength on this filing carries a B-grade A.M. Best rating rather than the A-grade tier most large FIA issuers hold, and the page shows only a single agency view rather than a multi-agency corroboration. Buyers prioritizing the strongest available carrier-credit profile should weigh that against the headline and the premium bonus, particularly across a multi-year surrender commitment.
This contract has no guaranteed-lifetime-withdrawal rider attached — the live feed shows an empty income-rider list — and there is no built-in Protected Income Value. Do not compare its payout side-by-side with a rider-led income FIA; the contract is built for accumulation, not for a guaranteed lifetime payout.
The premium bonus is not free money — it is recovered by the carrier over the surrender schedule through caps, participation rates, and the surrender charges themselves. A buyer who exits the contract during the surrender ladder will give up more than the bonus delivered. Treat the bonus as a long-horizon enhancement to the working balance, not as a cash-equivalent return.
Filing is not available to residents of New York or Maine on this productId — Nassau Life offers separate NY-specific products. Surrender ladder runs nine years from a high single-digit year-one charge, so an unplanned early exit beyond the annual free-withdrawal allowance in the first several years carries a real cost. There is no death-benefit roll-up beyond the standard contract value, so legacy buyers should evaluate that separately.

Not ideal for

Buyers who need a contractually guaranteed GLWB-rider withdrawal rate or built-in Protected Income Value income, require an A-grade A.M. Best carrier rating or multi-agency financial-strength corroboration before committing principal, want a death-benefit roll-up beyond the standard contract value, expect the premium bonus to behave like a cash-equivalent return rather than a long-horizon enhancement, or live in New York or Maine — none of those are what this contract is built to deliver.

All crediting strategies

View rate listings (28 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: 91% · 1-yr

Smart Passage SG Index

Sunrise Adjustment & Strategy Fee Included · participation

10-yr surrender

Par: 70% · 1-yr

Smart Passage SG Index

Sunrise Adjustment · participation

10-yr surrender

Par: 56% · 1-yr

S&P 500 Index

Strategy Fee Included · participation

10-yr surrender

Par: 45% · 1-yr

S&P 500 Index

participation

10-yr surrender

Par: 39% · 1-yr

Nasdaq-100 Index

Strategy Fee Included · participation

10-yr surrender

Par: 30% · 1-yr

Nasdaq-100 Index

participation

10-yr surrender

Cap: 7.25% · 1-yr

S&P 500 Index

cap

10-yr surrender

Fixed: 3.2% · 1-yr

Fixed Account

fixed

10-yr surrender

Par: 160% · 2-yr

Smart Passage SG Index

Sunrise Adjustment & Strategy Fee Included · participation

10-yr surrender

Par: 120% · 2-yr

Smart Passage SG Index

Sunrise Adjustment · participation

10-yr surrender

Par: 71% · 2-yr

S&P 500 Index

Strategy Fee Included · participation

10-yr surrender

Par: 55% · 2-yr

S&P 500 Index

participation

10-yr surrender

Par: 51% · 2-yr

Nasdaq-100 Index

Strategy Fee Included · participation

10-yr surrender

Par: 38% · 2-yr

Nasdaq-100 Index

participation

10-yr surrender

Par: 91% · 1-yr

Smart Passage SG Index

Sunrise Adjustment & Strategy Fee Included

Par: 70% · 1-yr

Smart Passage SG Index

Sunrise Adjustment

Par: 56% · 1-yr

S&P 500 Index

Strategy Fee Included

Par: 45% · 1-yr

S&P 500 Index

Par: 39% · 1-yr

Nasdaq-100 Index

Strategy Fee Included

Par: 30% · 1-yr

Nasdaq-100 Index

Cap: 7.25% · 1-yr

S&P 500 Index

Fixed: 3.2% · 1-yr

Fixed Account

Par: 160% · 2-yr

Smart Passage SG Index

Sunrise Adjustment & Strategy Fee Included

Par: 120% · 2-yr

Smart Passage SG Index

Sunrise Adjustment

Par: 71% · 2-yr

S&P 500 Index

Strategy Fee Included

In-depth review of the Nassau Bonus Annuity FIA, exploring its growth, income options, and retirement-focused benefits.

3.5/5Read review

Nikhil Bhauwala

Key Features

Free withdrawal

Minimum guaranteed participation: 5.00%

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

10%

Yr 2

Yr 3

Yr 4

Yr 5

Yr 6

Yr 7

Yr 8

Yr 9

Yr 10

After

Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers

Documents

product guide

A5219PO.pdf

Confidence: highReviewed Apr 6, 2026

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

Carrier Ratings

AM BestB++

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

Nassau Bonus Annuity currently shows 14 distinct indexed or fixed crediting choices across 28 current rate listings, including S&P 500 Index, with 4 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, and renewal terms are different mechanics and should not be ranked as one simple rate list.

S&P 500 Index: 7.25% cap
S&P 500 Index: 45% participation
S&P 500 Index: 56% participation

Income rider language

What to look for before treating the rider as income

Amplified Income Plus Rider is the main income-rider entry returned for this product. Rider terms can affect the tradeoff between future lifetime withdrawals, contract value, beneficiary value, and cost, so the exact state version and rider election should be confirmed before comparing it to annuitization or income-only contracts.

6.1% withdrawal rate
0.95% rider fee
RMD friendly
Joint life availability

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
10 surrender years
Nursing home waiver
RMD waiver
Terminal illness waiver

Verification note

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

Carrier materials such as A5219PO.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 a personalized Nassau Bonus Annuity illustration

See year-by-year projections for your specific age, premium, and income goals.

Get Free Report

Related Resources

Nassau Bonus Annuity

7.25% cap on S&P 500

Featured crediting strategies

Lifetime Income Riders

Amplified Income Plus Rider

Amplified Income Plus with Rising Income Opportunity Rider

How to think about this contract

Why it can stand out

What to confirm

All crediting strategies

Income riders

Amplified Income Plus Rider

Amplified Income Plus Rider

Amplified Income Plus Rider

Amplified Income Plus Rider

Amplified Income Plus with Rising Income Opportunity Rider

Amplified Income Plus with Rising Income Opportunity Rider

Amplified Income Plus with Rising Income Opportunity Rider

Amplified Income Plus with Rising Income Opportunity Rider