It provides downside protection and upside opportunity, which makes Growth Pathway® a smart choice for any financial strategy.
Fixed Index Annuity
Delaware Life
Growth Pathway®
A fixed index annuity product that protects and grows retirement savings
Rates Growth Pathway® Product Information
Delaware Life Growth Pathway® fixed index annuity offers choice, growth, and assurance for your retirement savings.
Growth Pathway® Index and Crediting Strategies Information
Growth Pathway® allows you to allocate your money in one or a combination of index strategies and crediting options.
Frequently Asked Questions
A fixed index annuity (FIA) is an insurance product designed to help you meet your long-term retirement needs. A FIA may help you:
Grow your money—earn interest based on the performance of the indexed-linked crediting options or fixed account.
Protect your money—lock in gains each year to protect your account value from market drops.
Convert your savings into retirement income, including income for life.
Annuities are long-term investment vehicles designed for retirement purposes. Their guarantees are backed by the financial strength and claims-paying ability of the insurance company that issues the annuity. As an informed consumer, you can research an insurer’s financial strength ratings—which gauge the claims-paying ability of an insurance company to meet its financial obligations to policy/contract holders. These agencies rate the financial strength of insurance companies on a regular basis— for example, A.M. Best Company, Fitch Ratings, and Standard and Poor's.
Your financial professional can help you decide if an annuity fits into your overall financial plan depending on your current portfolio, your short and long-term goals, plus your risk tolerance. Delaware Life Insurance Company does not provide individualized investment, legal, or tax advice. Please consult with your investment, legal, or tax professional before making any investment decisions.
You may be eligible for an early withdrawal of:
Up to 10% of the last contract anniversary account value, or
The required minimum distribution (RMD).
Both options are free of surrender charges and any applicable Market Value Adjustment (MVA). Please consult your financial professional for more information.
Some FIAs may offer riders or features at additional cost. Please consult your financial professional for more information.
Protect and grow savings
Benefit from the security of a more stable and predictable annuity product.
One-step diversification
Access to two balanced and diversified multi-strategy Precision Portfolios designed to give you a tailored way to meet your retirement savings goals, plus increased protection guarantees.
Extra protection
Growth Pathway® includes, at no additional cost, the Guaranteed Minimum Account Value (GMAV) feature. If the account value has not grown by a minimum amount, GMAV ensures a minimum percentage of credited interest after your annuity’s 5-year or 7-year surrender period ends.
Growth Pathway® Legal Disclosure
Broker/dealer and state variations may apply. Contact your broker/dealer for availability. All products and/or options may not be available in all states. Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional can provide you with complete details. For use with policy forms ICC17-DLIC-FIA-17, ICC17- GLWB-03, ICC15-DLIC-TIW-01 and ICC15-DLIC-NHW-01. Policy and rider form numbers may vary by state.
Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge and a market value adjustment (MVA) also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of the GLWB benefit.
Fixed index annuities are not securities and do not participate directly in the stock market or any index, and are not investments. It is not possible to invest directly in an index.