Retirement, like daybreak, offers a fresh start. But your clients will need income to make the most of this new chapter. StarStream can help them meet the moment, offering four unique benefits1 tailored to different goals. Combined with an investment platform from some of the most recognized names in the industry, StarStream can bring a positive outlook to each new day.
While some variable annuity products offer one-size-fits-all benefits, StarStream variable annuities provide four distinct options designed to meet each client’s specific needs and goals.
A consistent, level percentage of income throughout retirement that can grow through various features and opportunities tailored for clients.
Designed with legacy in mind, it provides a protected death benefit to ensure an inheritance for clients’ loved ones, while delivering level lifetime income.
Provides boosted income early in retirement to help clients enjoy the active years of their retirement.
Captures additional investment growth through daily Step-ups allowing clients to lock in a higher benefit base for increased income when investments perform well.
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| LEVEL | PROTECTOR | BOOST | DAILY | |
|---|---|---|---|---|
| Issue ages | 45 – 85 | 45 – 75 | 45 – 85 | 45 – 85 |
| Fee | 1.50% | 1.50% + 0.50% | 1.50% | 1.50% |
| Roll-up | 6% | 6% | 6% | 6% |
| Step-up | Annual | Annual | Annual | Daily² |
| Deferral Credits (single option)³ | ||||
| 5-years + | 0.40% | 0.40% | 0.40% (High) 0.20% (Low) |
0.40% |
| Maximum Protected Annual Withdrawal rate at age 65, single option | 6.25% | 5.70% | 8.70% (High) 3.50% (Low) |
5.85% |
| Death Benefit | Standard | Protected Death Benefit⁴ | Standard | Standard |
AuguStar Retirement partners with some of the most respected and recognizable names in the industry, bringing well-known expertise in money management and access to a wide range of asset classes. Through the StarStream variable annuity, clients can also benefit from exclusive investment options not available elsewhere.
AuguStar Retirement’s annuity products are built with integrity, so you can have confidence in our commitment to long term financial strength and fulfilling our obligations.
The company has the people to assist you, the tools needed to grow your business and the technology to support you along the way. See what we can do for you!
1 Only one Optional Benefit may be elected per contract and may not be changed once elected. Optional Benefits are available for an additional fee.
2 Locks in highest daily value quarterly.
3 Deferral Credits are applied after the deferral credit period to the Maximum Protected Annual Withdrawal Rate set at the first Protected Lifetime Withdrawal.
4 Protected Lifetime Withdrawals will not reduce the Protected Death Benefit. If the Contract Value reaches $0, the Protected Death Benefit terminates; however, lifetime income continues if depletion was due to Protected Lifetime Withdrawals.
Variable annuities are sold by prospectuses, which contain more complete information regarding fees, surrender charges and other costs that may apply.
Variable annuities are long-term investments designed for retirement, subject to market risk, and may lose value. Clients should read the product and fund prospectuses carefully before you invest or send money. Visit augustarfinancial.com to obtain current prospectuses. Investors should consider the investment objectives, strategies, risk factors and charges and expenses of the underlying variable portfolios carefully before investing. The fund prospectus contains this and other information about the underlying variable portfolios.
Investments in variable annuities are subject to market risks, including the potential loss of principal. Unit values will fluctuate with the performance of underlying investments, and returns may vary by asset class, investment style, or prevailing economic conditions. Certain asset classes may exhibit greater volatility, and bond portfolios are exposed to interest rate, credit, inflation, and market risks. Tax considerations, including differences in treatment of capital gains and dividends, as well as applicable fees, may affect investment outcomes.
Early withdrawals may be subject to withdrawal charges. Withdrawals may be subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. Withdrawals may reduce the death benefit, full withdrawal value and optional benefit amounts.
Guarantees are based upon the claims-paying ability of AuguStar Life Insurance Company, a member of the Constellation Insurance, Inc. family of companies. Guarantees do not apply to the investment performance or account value of the underlying variable portfolios. As with any investment, investing in variable portfolios involves risk, including possible loss of principal. Product availability, including features and benefits, varies by state. Issuer is not licensed to conduct business in New York.
StarStream variable annuity ICC25-VA-1 and ICC25-VA-1U is distributed by AuguStar Distributors, Inc., Member FINRA.
