Allianz Benefit Control® Annuity

Do you want more potential for tax-deferred growth while you’re saving for retirement, with the flexibility to adapt as your needs change (including an option for immediate access¹) — plus the potential for increasing income? Allianz Benefit Control® Annuity may be a good choice.

Rates

Explore the allocation options

Get more details

Accumulation, innovation, and more control

Allianz Benefit Control® is designed to help you accumulate for retirement and provide a steady stream of income after you retire. Because it’s a fixed index annuity (FIA), it offers tax-deferred growth, protects your principal and credited interest from market downturns, and provides a death benefit for beneficiaries.

Allianz Benefit Control® offers two ways to get a bonus² while you’re accumulating for retirement, plus innovative features that may give you even more potential. It also gives you a level of control over any interest bonuses your contract may receive. And when you’re ready to start taking income, Allianz Benefit Control® gives you flexible ways to access your contract — plus the opportunity for income increases down the road under qualifying circumstances.

Read video transcript

[Narrator] Meet Joe and Maria. They love running their small gardening store, but they also look forward to retiring in a few years. As they think about retirement, they have three main goals. First, they want the option to access their money if their needs change. They also want to protect some of their money, but still want the potential for growth. And they want control over how they pursue their retirement income goals.

[On-screen disclosure] Joe and Maria are hypothetical and are not actual Allianz customers. [End of on-screen disclosure]

After reviewing their needs, their financial professional recommends Allianz Benefit Control® Annuity. She explains that an annuity is simply a contract with an insurance company. In exchange for Joe and Maria's purchase payment, an annuity offers several benefits.

[On-screen text]

Tax-deferred growth potential
Protection from market downturns
Death benefit for beneficiaries
Guaranteed income
Potential for fixed or indexed interest

[End of on-screen text]

And Allianz Benefit Control® offers an additional benefit: the potential for fixed or indexed interest.

Joe and Maria are familiar with fixed interest, which is paid at a steady rate. Indexed interest, on the other hand, is based on changes in an external market index.

Here's how it works. Allianz tracks the index value over a specified period of time. And if the index ends at a higher value than where it started, Joe and Maria's annuity earns interest up to certain limits. Joe and Maria are not actually buying stocks or shares in the index, however. So the money in their annuity is not at risk due to market losses.

Now, let's see how Allianz Benefit Control® can help address Joe and Maria's three main goals. First, Allianz Benefit Control® gives Joe and Maria more access.

[On-screen disclosure] Income payments are based on a withdrawal percentage determined by your age. Annuities are long-term contracts designed for retirement, so there may be fees or penalties – including withdrawal charges – if you take money out early. Any distributions are subject to ordinary income tax and, if taken prior to 59½, a 10% federal additional tax. Lifetime withdrawals are considered partial withdrawals and are subject to ordinary income tax and, if taken prior to 59½, a 10% federal additional tax. [End of on-screen disclosure]

If they need to retire early, it lets them start lifetime withdrawals immediately, as early as age 50. They can also start lifetime withdrawals on any monthly anniversary, even in the middle of a contract year.

After the first contract year, Joe and Maria also have the option to take a 10% free withdrawal from their annuity once each contract year if they want.

Second, Allianz Benefit Control® gives Joe and Maria more potential. It starts by giving them a premium bonus on any money they put in the annuity for the first 18 months. Allianz Benefit Control® also gives them the potential for a second bonus on any interest their annuity receives.

[On-screen disclosure] The premium and interest bonuses are credited only to the protected income value (PIV). To receive the bonuses, you must take lifetime withdrawals from the PIV. The PIV is not available as a lump sum. Partial withdrawals in excess of lifetime withdrawals could result in a partial loss of bonuses. If you take a full lump-sum withdrawal you will receive the contract’s accumulation value, which does not include the premium or interest bonuses. [End of on-screen disclosure]

Joe and Maria's third goal was more control. Allianz Benefit Control® delivers here, too, by letting Joe and Maria decide how aggressively to pursue their income goals.

As they accumulate for retirement, it gives them a choice between two interest bonus options.

[On-screen disclosure] The chart illustrates how the bonuses work. The values are hypothetical and do not depict an actual product or results. The chart is not to scale or proportionate. Increasing income potential is provided through a rider at no additional cost. [End of on-screen disclosure]

The accelerated option places more emphasis on growing Joe and Maria's protected income value. What is the protected income value? This value is used only for taking lifetime withdrawals and includes any bonuses they receive. Joe and Maria like that the accelerated option gives them the potential for higher lifetime withdrawals down the road.

But if they expect to take a lump sum out of their annuity, the balanced option might be a better choice. The balanced option places more emphasis on the accumulation value, which doesn't include the premium and interest bonuses.

[On-screen disclosure] If you take a lump-sum withdrawal you will receive the contract’s accumulation value, which does not include the premium or interest bonuses. [End of on-screen disclosure]

Either way, once Joe and Maria start taking income withdrawals, Allianz Benefit Control® will default to the balanced option for the duration of their contract.

And get this: After Joe and Maria start taking lifetime withdrawals, their income can increase if they receive indexed interest. They will also continue to receive an interest bonus equal to 150% of any interest their annuity earns for even greater income potential.

Plus, in certain circumstances, Joe and Maria's income could even double with the Allianz Income Multiplier Benefit. Of course, this is just an overview of how Allianz Benefit Control® Annuity can help provide more access, more potential, and more control.

[On-screen disclosure] The Allianz Income Multiplier Benefit is provided through a rider at no additional cost. [End of on-screen disclosure]

Call your financial professional to learn more.

[On-screen disclosures]

Because this is a bonus annuity, it may include higher surrender charges, longer withdrawal charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus feature.

After five contract years, you may qualify to receive the Allianz Income Multiplier Benefit if you can’t perform at least two of the six Activities of Daily Living (ADLs) – bathing, continence, dressing, eating, toileting, and transferring – and you are confined to a qualified hospital, nursing facility, or assisted living facility for at least 90 days in a consecutive 120-day period. Confinement must occur after the first contract year and either during the contract year before the start of lifetime income withdrawals or at any time thereafter. The enhanced withdrawals will occur until a full recovery or the accumulation value reaches zero, at which time the withdrawals will revert to the standard amount.

Products are issued by Allianz Life Insurance Company of North America (Allianz).

Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.

Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. www.allianzlife.com

• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF

Product and feature availability may vary by state and broker/dealer. C64237-MVA, R95581-MVA ABC-046 (9/2021)

[End of on-screen disclosures]

Features of Allianz Benefit Control®

Index allocation options

To help you adapt to market conditions, you can direct the premium in your annuity toward one or a combination of five index allocation options, plus a fixed interest allocation.

Index Lock

React to volatility by locking in a positive index value at any point during the crediting period. Index Lock can assure you receive a positive index credit, no matter what happens in the market during the remainder of the crediting period.

Flexible access

You can start taking lifetime withdrawals from your annuity immediately or on any monthly anniversary after age 50.¹ These lifetime withdrawal payments will have the potential to increase after each crediting period your contract earns interest. After the fifth contract year, you can double your annual maximum available for withdrawal with the Allianz Income Multiplier Benefit rider if you are confined to a qualified hospital, nursing facility, or assisted living facility for at least 90 days in a consecutive 120-day period.³ And after 10 years – if you haven’t yet started annuity payments – you can withdraw some or all of your money in a lump sum.⁴

Allocation options

An allocation option is the combination of an index (such as the S&P 500® Index) and a crediting method. Allianz Benefit Control® lets you choose among the following allocation options.

S&P 500® Index

Considered by many to be the most common benchmark used in measuring the performance of U.S. stock market large-caps, which are companies with a market capitalization value of more than $10 billion. The S&P 500® Index represents a broad cross-section of common stocks traded on every major U.S. stock exchange. The Index is a selection of 500 leading companies from 100 distinct industry groups found in 10 leading American industrial market sectors.

Available with the monthly sum and annual point-to-point with a cap crediting methods (see descriptions below).

Bloomberg US Dynamic Balance II ER Index

The Bloomberg US Dynamic Balance II ER Index is comprised of the Bloomberg US Equity Custom Futures ER Index and the Bloomberg US Aggregate Custom RBI Unfunded Index and shifts weighting between them daily based on historical realized volatility. In order to manage index volatility during times of high volatility the index weights may not add up to 100%. The Bloomberg US Equity Custom Futures ER Index is a custom index that tracks futures on large-cap equities, similar to futures on the S&P 500® Index. The Bloomberg US Aggregate Custom RBI Unfunded Index is a custom index designed to track futures prices on the Bloomberg US Aggregate Bond Index – a well-established benchmark for the U.S. bond markets. The Bloomberg US Dynamic Balance II ER Index uses an excess return methodology by tracking the price of futures. Futures prices reflect the expected future price of an index and account for expected dividends. The excess return structure is designed to create a level of stability in your participation rate (for the associated crediting method) from year to year by mitigating the impact of short-term interest rates on renewal rates.

Available with annual point-to-point with a participation rate and 2-year or 5-year MY point-to-point with a participation rate crediting methods (see description below).

PIMCO Tactical Balanced ER Index

The PIMCO Tactical Balanced ER Index is comprised of the U.S. Equity Futures Custom Index, a bond component comprised of the PIMCO Synthetic ER Bond Index with a duration overlay, and shifts weighting between them daily based on historical realized volatility of the components. In order to manage index volatility during times of high volatility the index weights may not add up to 100%. The U.S. Equity Futures Custom Index is a custom index that tracks futures on large-cap equities, similar to futures the S&P 500 Index. The PIMCO Synthetic Bond ER Index is a custom index comprised of a small number of instruments designed to provide exposure to futures on U.S. investment-grade and Treasury bond markets. The duration overlay adjusts the interest rate exposure in response to changes in market trends. The PIMCO Tactical Balanced ER Index uses an excess return methodology by tracking the price of futures. Futures prices reflect the expected future price of an index and account for expected dividends. The excess return structure is designed to create a level of stability in your participation rate (for the associated crediting method) from year to year by mitigating the impact of short-term interest rates on renewal rates.

BlackRock iBLD Claria® ER Index

The BlackRock iBLD Claria® Index is comprised of an equity component, a fixed income component, and a cash component. It shifts weighting between them daily based on historical realized volatility of the components. Annually, BlackRock® will set allocations to the ETFs within each of the equity component and the fixed income component, based on(or reflecting) BlackRock’s market outlook.

Available with annual point-to-point with a participation rate crediting method (see description below).

S&P 500® Futures Daily Risk Control 5% Index

The S&P 500® Futures Daily Risk Control 5% Index is comprised of the S&P 500 Futures Index ER and the S&P 10-year Treasury Note Futures Index ER and is balanced daily to achieve target volatility.

Available with 2-year and 5-year MY point-to-point with a participation rate crediting methods (see description below).

Fixed Interest

A fixed interest allocation is also available. See current rates.

Crediting methods

Crediting methods are simply mathematical formulas that determine how much indexed interest your annuity receives based on changes in an index during a given timeframe (“crediting period”).

Annual point-to-point with a cap

This straightforward crediting method uses the index value from only two points in time, so it may be a good choice if you want to minimize the effects of midyear market volatility. A cap sets an upper limit on how much indexed interest is credited to your annuity at the end of each crediting period.

Annual point-to-point with a participation rate

This straightforward crediting method uses the index value from only two points in time, so it may be a good choice if you want to minimize the effects of midyear market volatility. A participation rate determines what percentage of the positive index change is credited to your annuity at the end of each crediting period.

Monthly sum

This crediting method looks at the index value each month on the contract’s anniversary and compares it to the prior month’s value, then calculates the percentage of change. At the end of the year, the monthly index increases and decreases are added up. If the final sum is positive, the annuity receives that amount as indexed interest.

MY (multi-year) point-to-point with a participation rate

Similar to annual point-to-point, but with a 2-year or 5-year crediting period. A participation rate determines what percentage of the positive index change is credited to your annuity at the end of each crediting period.

Talk to your financial professional to learn more

Common questions:

Learn about the key benefits of fixed index annuities.

Get answers to some frequently asked questions.

Current MVA reference rate: 4.81 % as of 5/1/2025

Uses the yield of the Bloomberg US Intermediate Corporate Bond Index

Historical MVA reference rates

Withdrawal charge schedule

Start of contract year	1	2	3	4	5	6	7	8	9	10
Withdrawal charge %	9.30%	9.30%	8.30%	7.30%	6.25%	5.25%	4.20%	3.15%	2.10%	1.05%

¹ You can start taking lifetime withdrawals from your annuity immediately or on any monthly anniversary after age 50 – but remember that you may be subject to a 10% federal early withdrawal penalty if you take withdrawals before age 59½. These lifetime withdrawal payments will last as long as you live.

² The premium and interest bonus is credited only to the Protected Income Value (PIV). To receive the PIV, including the bonus, lifetime withdrawals must be taken. The PIV is not available as a lump sum. You will not receive the bonuses if the contract is fully surrendered or if traditional annuitization payments are taken. If it is partially surrendered the PIV will be reduced proportionally, which could result in a partial loss of bonuses. Lifetime withdrawals are considered partial withdrawals and are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax. Because this is a bonus annuity, it may include higher surrender charges, longer surrender charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don't offer a bonus feature.

³ To receive the Allianz Income Multiplier Benefit, you must be confined to a qualified hospital, nursing facility, or assisted living facility for at least 90 days in a consecutive 120-day period. Confinement must occur after the first contract year and either during the contract year before the start of lifetime income withdrawals or at any time thereafter. The six activities of daily living are bathing, continence, dressing, eating, toileting, and transferring. The enhanced withdrawals will occur until a full recovery or the accumulation value reaches zero, at which time the withdrawals will revert back to the standard amount.

⁴ After 10 years, if you take a lump-sum payment it will be based on the full accumulation value (which does not include the premium bonus or interest bonus).

Standard & Poor’s 500^® index (S&P 500^®) is comprised of 500 stocks representing major U.S. industrial sectors. The Dow Jones Industrial Average is a popular indicator of the stock market based on the average closing prices of 30 active U.S. stocks representative of the overall economy.

S&P^® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. S&P^® and S&P 500^® are trademarks of S&P and Dow Jones^®, Dow Jones Industrial Average^SM, DJIA, and The Dow are trademarks of Dow Jones. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of North America (“Allianz”). The S&P 500 and Dow Jones Industrial Average (DJIA) are products of S&P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by Allianz. Allianz products are not sponsored, endorsed, sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates make any representation regarding the advisability of investing in such product.

The Bloomberg US Dynamic Balance Index II is comprised of the Bloomberg US Aggregate RBI Series 1 Index, the S&P 500® Index, and cash, and shifts weighting daily between them based on realized market volatility. The Bloomberg US Aggregate RBI Series 1 Index is comprised of a portfolio of derivative instruments plus cash that are designed to track the Bloomberg US Aggregate Bond Index. The Bloomberg US Aggregate Bond Index is comprised of Bloomberg US investment-grade, fixed-rate bond market securities, including government agency, corporate, and mortgage-backed securities.

The Bloomberg US Dynamic Balance Index II (a "Bloomberg Index") is the property of Bloomberg Index Services Limited and is derived and calculated based on the S&P 500 Index under license from S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) ("S&P Dow Jones Indices"). S&P® is a registered trademark of Standard & Poor's Financial Services LLC and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. S&P 500® is a registered trademark of Standard & Poor's Financial Services LLC and has been licensed for use to Bloomberg Index Services Limited. Neither S&P Dow Jones Indices, its affiliates nor their third party licensors sponsor or promote the Index and no such party shall have any liable in connection with the Bloomberg Index.

“Bloomberg®” and Bloomberg US Dynamic Balance II ER Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Allianz Life Insurance Company of North America ("Allianz"). Bloomberg is not affiliated with Allianz Life Insurance Company of North America ("Allianz"), and Bloomberg does not approve, endorse, review, or recommend the Allianz product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Allianz product.

The Bloomberg US Dynamic Balance II ER Index is comprised of the Bloomberg US Aggregate Custom RBI Unfunded Index and the Bloomberg US Equity Custom Futures ER Index and shifts weighting daily between them based on realized market volatility. The Bloomberg US Aggregate Custom RBI Unfunded Index is comprised of a portfolio of derivative instruments that are designed to provide exposure to U.S. Investment-grade and Treasury bond markets in excess of a benchmark rate. The Bloomberg US Equity Custom Futures ER Index is designed to provide exposure to large cap U.S. stocks in excess of a benchmark rate.

The PIMCO Tactical Balanced Index is comprised of the S&P 500® Index, a bond component comprised of the PIMCO Synthetic Bond Index and a duration overlay, and cash, and shifts weighting between them daily based on historical realized volatility of the components. The PIMCO Synthetic Bond Index is comprised of a small number of derivative instruments designed to provide exposure to U.S. investment-grade and Treasury bond markets.

The “PIMCO Tactical Balanced Index” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and Pacific Investment Management Company LLC (“PIMCO”), and has been licensed for use by Allianz Life Insurance Company of North America (“Allianz”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Allianz. PIMCO’s Trademark(s) are trademarks of PIMCO and have been licensed for use by SPDJI and Allianz. Allianz products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or PIMCO and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the PIMCO Tactical Balanced Index.

The PIMCO Tactical Balanced ER Index is comprised of the U.S. Equity Futures Custom Index, a bond component comprised of the PIMCO Synthetic Bond ER Index and a duration overlay, and shifts weighting between them daily based on historical realized volatility of the components. The U.S. Equity Futures Custom Index provides exposure to large cap U.S. stocks in excess of a benchmark rate. The PIMCO Synthetic Bond ER Index is comprised of a small number of derivative instruments designed to provide exposure to U.S. investment-grade and Treasury bond markets in excess of a benchmark rate.

The "PIMCO Tactical Balanced ER Index" (the "Index") is a rules-based index that tactically allocates across U.S. equity and fixed income markets using quantitative signals. The Index is a trademark of Pacific Investment Management Company LLC ("PIMCO") and has been licensed for use for certain purposes by Allianz Life Insurance Company of North America (the "Company" or “Allianz”) with respect to this Allianz product (the "Product"). The Index is the exclusive property of PIMCO and is made and compiled without regard to the needs, including, but not limited to, the suitability or appropriateness needs, as applicable, of the Company, the Product, or any Product owners. The Product is not sold, sponsored, endorsed, or promoted by PIMCO or any other party involved in, or related to, making or compiling the Index.

Neither PIMCO nor any other party involved in, or related to, making or compiling the Index has any obligation to continue to provide the Index to the Company with respect to the Product. In the event that the Index is no longer available to the Product or Product owners, the Company may seek to replace the Index with another suitable index, although there can be no assurance that one will be available.

PIMCO disclaims all warranties, express or implied, including all warranties of merchantability or fitness for a particular purpose or use. PIMCO shall have no responsibility or liability with respect to the Product.

The Index is comprised of a number of constituents, some of which are owned by entities other than PIMCO. All disclaimers referenced in the Agreement relative to PIMCO also apply separately to those entities that are owners of the constituents of the Index.

The S&P 500^® Index is comprised of 500 stocks representing major U.S. industrial sectors. The S&P 500^® Futures Daily Risk Control 5% Index is comprised of the S&P 500 Futures Index ER and the S&P 10-year Treasury Note Futures Index ER and is balanced daily to achieve target volatility.

The "S&P 500^® Futures Daily Risk Control 5% Index" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Allianz Life Insurance Company of North America (Allianz). Standard & Poor’s^® and S&P^® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Allianz. Allianz products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Futures Daily Risk Control 5% Index.

S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”). This trademark has been licensed for use by S&P Dow Jones Indices LLC and its affiliates. S&P® and S&P 500^® are trademarks of S&P. These trademarks have been sublicensed for certain purposes by Allianz Life Insurance Company of North America (“Allianz”). The S&P 500 is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Allianz. Allianz products are not sponsored, endorsed, sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates make any representation regarding the advisability of investing in such product.

The BlackRock iBLD Claria® Index is comprised of an equity component, a bond component, and a cash component. It shifts weighting between them daily based on historical realized volatility of the components. Annually, BlackRock will set allocations to the ETFs within each of the equity component and the bond component. The equity component will be comprised of the following ETFs: iShares Russell 2000 ETF, iShares Core S&P 500 ETF, iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF. The bond component will be comprised of the following ETFs: iShares 1-3 year Treasury Bond ETF, iShares 3-7 year Treasury Bond ETF, iShares 7-10 year Treasury Bond ETF. The cash component is represented by the 3 month LIBOR rate. The BlackRock iBLD Claria® ER Index is comprised of an equity component, a bond component, and a cash component. It shifts weighting between the components daily based on historical realized volatility of the components. The index tracks the return in excess of a benchmark rate. Annually, BlackRock will set allocations to the ETFs within each of the equity component and the bond component. The equity component will be comprised of the following ETFs: iShares Russell 2000 ETF, iShares Core S&P 500 ETF, iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF. The bond component will be comprised of the following ETFs: iShares 1-3 year Treasury Bond ETF, iShares 3-7 year Treasury Bond ETF, iShares 7-10 year Treasury Bond ETF. The cash component is represented by the 3 month LIBOR rate.

The BlackRock iBLD Claria® Index and the BlackRock iBLD Claria® ER Index (the “Indices”) are products of BlackRock Index Services, LLC and have been licensed for use by Allianz Life Insurance Company of North America (“Allianz”). BlackRock®, BlackRock iBLD Claria® Index, BlackRock iBLD Claria® ER Index, and the corresponding logos are registered and unregistered trademarks of BlackRock. The Allianz product is not sponsored, endorsed, sold or promoted by BlackRock Index Services, LLC, BlackRock, Inc., or any of its affiliates, or any of their respective third party licensors (including the Indices calculation agent, as applicable) (collectively, “BlackRock”). BlackRock has no obligation or liability in connection with the administration or marketing of the Allianz product. BlackRock makes no representation or warranty, express or implied, to the owners of the Allianz product or any member of the public regarding the advisability of investing in the Allianz product or the ability of the Index to track general market performance. BlackRock does not guarantee the adequacy, accuracy, timeliness, and/or completeness of the Indices or any data or communication related thereto nor does it have any liability for any errors, omissions or interruptions of the Indices.

Any distributions are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.

During the first 10 years, a surrender charge and MVA will apply if the contract is partially or fully surrendered. These charges may result in a loss of indexed interest and fixed interest, interest bonus, and a partial loss of principal (premium).

Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.

This content does not apply in the state of New York.

• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF

Products are issued by Allianz Life Insurance Company of North America, PO Box 59060, Minneapolis, MN 55459-0060.
(C64237-MVA, R95581-MVA, ICC17C64237-MVA)

Product and feature availability may vary by state and broker/dealer.

PSABC

Allianz Benefit Control® Annuity

Rates

Explore the allocation options

Get more details

Accumulation, innovation, and more control

Features of Allianz Benefit Control®

Index allocation options

Index Lock

Flexible access

Allocation options

Crediting methods

Talk to your financial professional to learn more

Common questions:

Already own Allianz Benefit Control®?

Why consider a fixed index annuity (FIA)?

Have additional questions?

Current MVA reference rate: 4.81 % as of 5/1/2025

Withdrawal charge schedule

Allianz Benefit Control® Annuity

Already own Allianz Benefit Control®?

Why consider a fixed index annuity (FIA)?

Have additional questions?

Current MVA reference rate: 4.81 % as of 5/1/2025

Error