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.
A new day dawns
Retirement, like daybreak, offers a fresh start. But you will need income to make the most of this new chapter. StarStream can help you 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.
Optional benefits
While some variable annuity products offer one-size-fits-all benefits, StarStream variable annuities provide four distinct options designed to meet your specific needs and goals.
Level
A consistent, level percentage of income throughout retirement that can grow through various features and opportunities tailored for you.
Protector
Designed with legacy in mind, it provides a protected death benefit to ensure an inheritance for your loved ones, while delivering level lifetime income.
Boost
Provides boosted income early in retirement to help you enjoy the active years of your retirement.
Daily
Captures additional investment growth through daily Step-ups allowing you 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 |
Trusted partnerships from names you know.
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, you can also benefit from exclusive investment options not available elsewhere.
StarStream variable annuity
Now that you’ve learned more about variable annuities, it might be a good time to speak with your financial professional about whether StarStream variable annuity options align with your retirement planning goals.
Products you can count on
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. Please contact your financial professional for current availability and information. 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.