A Single Premium Deferred Fixed Index Annuity (FIA)

WealthLockSM Accumulator from Aspida Life Insurance Company can be a great option for your retirement strategy. With WealthLock Accumulator, you have the opportunity to earn returns that are tied to the market, without the associated risks of a direct investment. It can help you accumulate assets and can deliver guaranteed income throughout retirement – a win-win.

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What is a fixed index annuity?

The performance of fixed index annuities (FIAs) are tied to specific underlying stock indices. What does that mean? Good question. Essentially, it means your money grows according to either a fixed rate or the performance of the indices you choose – or both. If you choose to allocate your money to the available indices, your money won’t grow uniformly as with a fixed annuity. Instead, your growth will complement the growth of the indices you have chosen. This also means there is opportunity for a higher yield at the end of your term.

Do you need to worry about market uncertainty? Nope, that’s the beauty of a fixed index annuity. The initial money you put into this annuity type is not actually invested in stocks or bonds. That means this type of product is protected from dips in the market and retains its current value even when stocks – and other more volatile investment options – lose value. Once the market starts growing again, so does your annuity.

Why WealthLock Accumulator?

Protection of Your Savings

Both your initial payment and each year's credited interest are always protected against loss.

Optimized Growth

Accumulate savings for retirement by earning interest based on the fixed or indexed strategies you choose.

Tax Advantages1

You don't pay taxes on the interest as it's earned, only when you withdraw it.

Lifetime Income Benefits

WealthLock Accumulator can provide guaranteed income for as long as you live.

Purchasing WealthLock Accumulator is EASY


Choose your initial amount.2


Select either a 7- or 10-year contract.


Choose your crediting strategy(ies).


Relax and watch your money grow.

Our indices are managed by industry leaders.

WealthLock Accumulator has partnered with three leaders in the investment industry. This means you have an opportunity to track the returns of indices that are managed by these partners, and your return can be linked to their performance. Your premium return can be linked to one or more indices’ performance. The interest earned is then credited based on your selected index’s performance. If the value of the index goes up during a defined period, so does the interest you earn.

Our Partners

Franklin Templeton Logo Image

75+ years of asset management experience

$1.4 trillion in assets under management

Franklin Templeton offers an unmatched collection of independent investment managers with deep expertise and specialization across asset classes, investment styles, and geographies.

The Franklin Factors US Index is a US multi-asset index designed to deliver consistent risk-adjusted returns. Franklin begins by screening 1,000 well-recognized US stocks and assigning to each one a score based on three key factors: quality, value, and momentum. Once the stocks have been scored, they are ranked, and the top 250 stocks become the index’s growth engine. During less volatile periods, the index emphasizes stocks. During periods of heightened volatility, the index shifts to a more defensive alignment to help preserve capital.

Janus Henderson Logo Image

88+ years of asset management experience3

$361 billion in assets under management

Janus Henderson offers an opportunity to invest in compelling opportunities. The Janus Henderson investment teams form their own views and seek to position portfolios actively to connect clients with their financial objectives.

The Janus SG Lighthouse Index relies on the historical observation that stocks of companies that provide earnings guidance – a fundamental and statistical breakdown of their expectations for future performance – tend to outperform stocks of companies that do not. The index’s goal is to capture the value of transparency potentially to outperform market benchmarks.

Invesco Logo Image

70+ years of asset management experience

$1.5 trillion in assets under management4

Invesco believes the best investment insights come from specialized investment teams with discrete investment perspectives operating under a disciplined philosophy and process with strong risk oversight.

The Invesco Peak Index focuses on quality companies. Quality is a stock characteristic, or factor, shown by academics and practitioners to deliver more attractive returns historically than the broad market. Quality companies tend to have a competitive advantage that offer potential to drive higher profits over longer time horizons. The Invesco Peak Index seeks to deliver greater stability and more compelling returns in all markets by focusing on one factor: quality.

Multiple ways to grow your funds.

WealthLock Accumulator provides you with multiple index crediting options to grow your annuity value while ensuring that your initial payment and interest are protected. You have the flexibility to choose one – or more – index options to fit your needs. More details on these strategies can be found here.

Fixed Strategy

Provides steady growth through a guaranteed annual interest rate.

1- & 2-Year Point-To-Point Cap Rate Strategy

Provides growth by participating in 100% of the index’s growth up to a specific point, called a ‘cap’. Your interest is credited and locked in annually or every two years.

1-, 2-, & 5-Year Point-To-Point Participation Rate Strategy

Provides growth by participating in a portion of the index’s growth every year. Your interest is credited and locked in annually, every two, or every five years based on the strategy selected.

5-Year High Watermark Participation Rate Strategy

Provides growth by participating in a portion of the index’s growth determined by the highest quarterly index value throughout the crediting term. Your interest is credited and locked in every five years.

A unique feature of the 5-year High Watermark Participation Rate Crediting Strategy is QuarterLockSM. The QuarterLock feature provides owners four opportunities a year to automatically lock in rising index values.

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The QuarterLockSM  Advantage

It’s no secret that stock markets have higher risk and higher potential rewards than some other asset classes. With QuarterLock, you can make the most of stock market fluctuations by automatically locking in the highest quarterly index value throughout a crediting term. At the end of the crediting term, your interest is credited and locked in at the highest quarterly value — even if the index you track finishes the period at a lower value.

How does it work?

QuarterLock automatically locks in the highest index value every quarter. It may improve your credited interest by giving you four automatic opportunities a year to lock in the highest index value.

This ensures you earn interest even when the index decreases towards the end of your index option term.

This is a hypothetical example of a 5-year High Watermark Participation Rate Strategy. Interest is calculated by determining the percentage change between the starting index value and highest quarterly index value over the 5-year term. A participation rate is then applied to the percentage change to calculate your interest earned.

The 5-Year High Watermark Participation Rate Strategy in the example above was assumed to be 150% and the traditional 5-Year Point-to-Point with Participation Rate was assumed to be 200%. Both strategies had a starting index value of 75; whereas the ending index value differed for the 5- Year High Watermark Participation Rate Strategy and the 5-Year Point-to-Point with Participation Rate, 148 and 86 respectively.

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Included Features

FIAs often provide additional features within their contracts so you can make them work best for you and your retirement goals. Below are some of the highlights. Find more details about these – and other – features here.

Access to Your Funds

You can withdraw up to 10% of your cash value each year free of charge after the first year. You can also withdraw from your tax-qualified IRA any RMD required by the IRS after 30 days, even if it exceeds the free withdrawal amount.

Leaving a Legacy

If the unexpected does occur, knowing where your money goes is important. WealthLock Accumulator makes it easier for your loved ones by paying the full contract value directly to your beneficiaries without the delays and costs associated with probate.

Additional Benefits

You have access to 100% of your contract value – after the first year – in the event you are confined to a nursing home or diagnosed with a terminal illness.

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1Qualified accounts will not have any additional tax deferral benefit. 2A premium of more than $1,000,000 may be accepted with prior approval from Aspida. 3Henderson Global Investors was established in 1934, and Janus Capital Group was founded in 1969. Janus Henderson was formed in 2013. 4 Invesco Ltd. experience and AUM as of March 31, 2022. AUM figure includes all assets under advisement, distributed and overseen by Invesco.

WealthLockSM Accumulator Legal Disclosure

Guarantees are backed by the claims-paying ability of Aspida Life Insurance Company (“Aspida”). Annuities are designed for long-term accumulation of money; surrender and withdrawal fees may apply on early withdrawals. Annuity withdrawals are subject to income tax and withdrawals prior to age 59½ may also be subject to an IRS penalty.

This piece provides a brief summary of product features. The contract associated with the product will contain the actual terms, definitions, limitations and exclusions that apply. Product features and availability vary by state and are solely the responsibility of Aspida Life Insurance Company. Contract form series ICC22C-FIA1010 and C-FIA1010, application series ICC22A-4015 and A-4015.

The statements and comments offered in this communication are provided as general information and ideas. They are not intended to be, nor should they be relied on as, investment, legal, tax advice or recommendations. Before making a decision or giving advice about any matter contained in this communication, agents or individuals should consult their own attorney, tax or investment advisor.

Products and services are underwritten and/or provided by Aspida (Administrative Office: Durham, NC), licensed in 48 states (excluding New York and Connecticut) and the District of Columbia. Products and services may not be available in all states.

Not FDIC/NCUA Insured • May Lose Value • Not Bank/CU Guaranteed • Not a Deposit • Not Insured by Any Federal Government Agency


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