Aviva USA | Fixed Annuity - Compare Products and Strategies

Fixed Annuity

With an Aviva annuity, you contribute now and receive income in the future. It grows with a guaranteed interest rate and tax-deferred until amounts are withdrawn,* usually at retirement. Aviva also offers fixed indexed annuities.

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MultiChoice Freedom 3, Freedom 5, and Freedom 7

A great choice for people with shorter timelines for needing access to income.

 Download PDF: MultiChoice Freedom 3, Freedom 5, and Freedom 7 Guide (1.2mb)

MultiChoice FreedomPlus

Designed for people who want more potential growth in their account value.

 Download PDF: MultiChoice FreedomPlus Guide (1.2mb)

MultiChoice FreedomXtra

Provides the most flexibility including premium, interest crediting and income options.

 Download PDF: MultiChoice FreedomXtra Guide (1.2mb)

Compare policies

Aviva fixed annuities are available with both traditional and indexed crediting options, so you can choose the way interest is credited. This is a summary. Terms and conditions may vary by state. For details and to find out what’s right for you, contact your local Aviva agent.

 

MultiChoice Freedom 3, Freedom 5, and Freedom 7

MultiChoice FreedomPlus

MultiChoice FreedomXtra

Surrender charge period

3, 5, or 7 years

10 years

10 years

Maturity period

3, 5, or 7 years

10 years

10 years

Minimum initial premium amount

$5,000

$5,000

$5,000

Early income option

Yes

Yes

Yes

Premium bonus

Not applicable

5% in first two years

6% in first two years

Additional premium option

Yes

Yes

Yes

Liquidity

Yes, up to 20% free withdrawal

Yes, up to 20% free withdrawal

Yes, up to 20% free withdrawal

Checkbook access withdrawal

Yes

Yes

Yes

LifetimePaySM Flex withdrawal

Yes

Yes

Yes

Death Benefit

Yes

Yes

Yes

Nursing Home waiver

Yes

Yes

Yes

Confinement waiver

Yes

Yes

Yes

Home health care waiver

Yes

Yes

Yes

Terminal Illness waiver

Yes

Yes

Yes

*Withdrawal charges and MVA are imposed retroactively if the contract is surrendered within 12 months of a free withdrawal. Withdrawals may be subject to ordinary income tax and may be subject to a 10% IRS tax penalty if taken prior to age 59 1/2. Withdrawals may also forfeit potential interest credits and if taken during the withdrawal charge period may result in the loss of principal.

Aviva does not authorize its agents, employees or representatives to give legal, tax or accounting advice. The information contained herein is our understanding of the current laws as they relate to annuities. These laws are subject to change in the future. Please consult your personal advisor for any tax, legal or accounting advice to determine if a single premium immediate annuity or a deferred annuity is right for you.



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