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If you're concerned about saving enough for retirement – and you also want several options for receiving retirement income – Allianz 365i Annuity may be a good choice.

Allianz 365i Annuity provides the typical features of fixed index annuities – including principal protection, the potential for tax-deferred growth, options for lifetime retirement income, and a death benefit for your beneficiaries.

While you're saving for retirement, Allianz 365i Annuity also gives you:

  • the potential to receive indexed interest based on changes in a market index,
  • a 4% premium bonus on any money you place in your annuity in the first three contract years, and
  • access to your full accumulation value – including the bonus – as a lump sum after 10-year surrender charge period.

And when you’re ready to start receiving income, Allianz 365i Annuity offers several Flexible income options, including income you can’t outlive. Plus, when you add the optional Income Maximizer rider (available at extra cost), Allianz 365i annuity can help provide opportunities for lifetime income withdrawal payment increases.

Bonus annuities may include higher surrender charges, longer surrender periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus. The bonus is credited each year the selected allocations earn interest. During the first 10 contract years, we will apply a surrender charge 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).

Issue age and minimum

You must be age 80 or younger to purchase Allianz 365i Annuity.

The minimum initial premium payment is $20,000 for qualified and nonqualified money.

Bonus

We’ll add a 4% premium bonus to any money you place in your annuity within the first three years, and will credit the bonus to your annuity’s accumulation value. The bonus is subject to a 10-year vesting schedule. 10% of the bonus will become vested on each contract anniversary until the beginning of the 11th contract year, when 100% will be vested. If you surrender your annuity before the 11th contract year, you will lose the unvested bonus.

Rates

The participation rate is 100% guaranteed for the life of the contract. This means we use the entire percentage of index change when we calculate the indexed interest rate. Caps or spreads would still apply. The cap is the maximum percentage of index change we use for a specified time period to determine how much interest we credit to your annuity in a given contract year. A spread is the amount we subtract from the percentage of change calculated for an index to determine how much interest we credit to your annuity in a contract year.

Call your Allianz financial professional for current caps, spreads, and interest rates.

Allocation options

Monthly sum: S&P 500® Index, Nasdaq-100® Index, Russell 2000® Index

Annual point-to-point with a cap: S&P 500® Index, Nasdaq-100® Index, Russell 2000® Index, blended index

Annual point-to-point with a spread: Barclays US Dynamic Balance Index II

Monthly average: Blended index

The blended index is comprised of Dow Jones Industrial Average (35%), Barclays US Aggregate Bond Index (35%), EURO STOXX50® Index (20%), and Russell 2000 Index (10%).

A fixed interest allocation is also available.

Income or accumulation benefits

The Income Maximizer Rider is issued with the Allianz 365i Annuity for an additional charge. It can help you address both halves of retirement: accumulating retirement savings and receiving income in the form of lifetime withdrawals.

While you're saving for retirement, it offers guaranteed interest – plus an opportunity for additional interest, based on the clients chosen allocations too. The interest is credited to the protected income value every year until withdrawals or annuitization begins.

And when you're ready to start receiving income it provides income for as long as you live, and gives you three payment options (predictable payments, the potential for increasing income payments, or inflation-adjusted payments).

The Income Maximizer Rider is optional when you purchase the Allianz 365i Annuity and is available in most states for an additional cost of 1.20% of the protected income value, which we deduct monthly from the accumulation value and the guaranteed minimum value. The protected income value is only available as a stream of income. It is not available as a lump sum or if the contract is annuitized or surrendered.

You can cancel the rider any time after the fifth contract year. However, you will no longer receive protected income value credits and your protected income value will no longer be available for lifetime withdrawals. Once the rider is terminated, it cannot be reinstated.

Access your money

After the first contract year, up to 10% of the contract's premium paid, minus withdrawals, can be withdrawn each contract year without incurring surrender charges or penalties as long as the money is withdrawn after the contract anniversary following the most recent premium payment; not to exceed cash surrender value. If, in the same contract year as one or more free withdrawals, additional premium is paid or the contract is surrender, we will retroactively assess the surrender charge.

10-year surrender period (10%, 10%, 10%, 8.75%, 7.50%, 6.25%, 5.00%, 3.75%, 2.50%, 1.25%, 0%); beginning in contract year 4, the surrender charge decreases 1.25% on each contract anniversary. At the beginning of the 11th contract year, the surrender charge will be zero. The surrender charge and surrender charge period apply to the accumulation value, which includes any premium bonus.

Payout options

The Allianz 365i Annuity with the Income Maximizer Rider offers three lifetime income withdrawal options that can help you address the most common retirement-income concerns.

Payout option 1 offers predictable income payments, so you will have the reassurance of knowing exactly how much each payment will be for the rest of your life.

Payout option 2 offers the potential to increase your income any year that we credit indexed interest to your Allianz 365i Annuity. We’ll recalculate your maximum withdrawal payment on your contract anniversary each year to reflect any positive changes in your chosen allocations.

Payout option 3 can help protect you from the eroding effect of inflation on your purchasing power. Your Inflation-protected payments will start out smaller. But because this option is tied to the Consumer Price Index (CPI-U), your income can increase when the cost of living goes up. Increases are capped at 10% per year and are limited to the first 20 contract years after inflation-protected payments begin.

Death benefit

The greater of the contract’s accumulation value or GMV, including premium bonus, is available prior to the annuitization as a lump sum or as annuity income payments over at least five years.

In addition to the contract’s accumulation value as a death benefit, beneficiaries can receive a potential death benefit enhancement amount equal to 25% of all fixed and indexed interest credited throughout the life of your Allianz 365i contract.


Next steps:

Talk to your financial professional to see if Allianz 365i Annuity is appropriate for you. Here are some questions they can help answer:

  1. How are the annuity’s principal and any credited interest protected?
  2. How can this product provide income for life and assist with the rising cost of living?
  3. What backs up any guarantees available with this product?
  4. What else should I consider that might impact my retirement?

Purchasing an annuity within a retirement plan that provides tax deferral under sections of the Internal Revenue Code results in no additional tax benefit. An annuity should be used to fund a qualified plan based upon the annuity’s features other than tax deferral. All annuity features, risks, limitations, and costs should be considered prior to purchasing an annuity within a tax-qualified retirement plan.

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

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

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 AverageSM, 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 Nasdaq-100 Index® includes 100 of the largest domestic and international non-financial securities listed on The Nasdaq Stock Market, based on capitalization. The Nasdaq-100®, Nasdaq-100 Index®, Nasdaq®, and OMX® are registered trademarks of NASDAQ OMX Group, Inc. (which with its affiliates are the Corporations) and are licensed for use by Allianz Life Insurance Company of North America. The product(s) have not been passed on by the Corporations as to their legality or suitability. The product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Russell 2000® Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000® Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do not affect the performance and characteristics of the true small-cap index.

The Russell 2000® Index is a trademark of Russell Investments and has been licensed for use by Allianz Life Insurance Company of North America. The product is not sponsored, endorsed, sold, or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the product.

The Barclays US Dynamic Balance Index II is comprised of the Barclays US Aggregate RBI® Series 1 Index and the S&P 500® Index and shifts weighting daily, up to 3%, between them based on realized market volatility. The Barclays US Aggregate RBI® Series 1 Index is comprised of a portfolio of derivative instruments plus cash that are designed to track the Barclays US Aggregate Bond Index. The Barclays US Aggregate Bond Index is comprised of Barclays US investment-grade, fixed-rate bond market securities, including government agency, corporate, and mortgage-backed securities. Barclays Risk Analytics and Index Solutions Limited and its affiliates ("Barclays") is not the issuer or producer of any Allianz products and Barclays has no responsibilities, obligations or duties to investors in respect of the Barclays US Aggregate Bond Index, the Barclays US Aggregate RBI® Series 1 Index or the Barclays US Dynamic Balance Index II. The Barclays US Aggregate Bond Index, the Barclays US Aggregate RBI® Series 1 and the Barclays US Dynamic Balance Index II are trademarks owned by Barclays, and the Barclays US Aggregate Bond Index and the Barclays US Dynamic Balance Index II are licensed for use by Allianz Life Insurance Company of North America as the Issuer of the Allianz product. While Allianz may for itself execute transaction(s) with Barclays in or relating to the Barclays US Aggregate Bond Index, the Barclays US Aggregate RBI® Series 1 Index or the Barclays US Dynamic Balance Index II with Allianz products, investors acquire Allianz products from Allianz Life Insurance Company of North America and investors neither acquire any interest in the Barclays US Aggregate Bond Index, the Barclays US Aggregate RBI® Series 1 Index or the Barclays US Dynamic Balance Index II nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in any Allianz product. The Allianz products are not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of any Allianz product or use of the Barclays US Aggregate Bond Index, the Barclays US Aggregate RBI® Series 1 Index or the Barclays US Dynamic Balance Index II or any data included therein. Barclays shall not be liable in any way to the Issuer, investors or to other third parties in respect of the use or accuracy of the Barclays US Aggregate Bond Index, the Barclays US Aggregate RBI® Series 1 Index or the Barclays US Dynamic Balance Index II or any data included therein.

The EURO STOXX 50® Index, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The Index covers 50 stocks from 12 Eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The EURO STOXX 50® is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland. Allianz products based on the Index are in no way sponsored, endorsed, sold, or promoted by STOXX and shall not have any liability with respect thereto.

• 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 55469-0060. (C52575, R95331)

In the state of New York, only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance.

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

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