Fixed Annuity
With an Aviva annuity, you contribute now and receive income in the future. It grows with a guaranteed interest rate and tax-deferred until amounts are withdrawn,* usually at retirement. Aviva also offers fixed indexed annuities.

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Aviva fixed annuities are available with both traditional and indexed crediting options, so you can choose the way interest is credited. This is a summary. Terms and conditions may vary by state. For details and to find out what’s right for you, contact your local Aviva agent.
| |
MultiChoice Freedom 3, Freedom 5, and Freedom 7 |
MultiChoice FreedomPlus |
MultiChoice FreedomXtra |
Surrender charge period |
3, 5, or 7 years |
10 years |
10 years |
Maturity period |
3, 5, or 7 years |
10 years |
10 years |
Minimum initial premium amount |
$5,000 |
$5,000 |
$5,000 |
Early income option |
Yes |
Yes |
Yes |
Premium bonus |
Not applicable |
5% in first two years |
8% in first two years |
Additional premium option |
Yes |
Yes |
Yes |
Liquidity |
Yes, up to 20% free withdrawal |
Yes, up to 20% free withdrawal |
Yes, up to 20% free withdrawal |
Checkbook access withdrawal |
Yes |
Yes |
Yes |
LifetimePaySM Flex withdrawal |
Yes |
Yes |
Yes |
Death Benefit |
Yes |
Yes |
Yes |
Nursing Home waiver |
Yes |
Yes |
Yes |
Confinement waiver |
Yes |
Yes |
Yes |
Home health care waiver |
Yes |
Yes |
Yes |
Terminal Illness waiver |
Yes |
Yes |
Yes |
*Withdrawal charges and MVA are imposed retroactively if the contract is surrendered within 12 months of a free withdrawal. Withdrawals may be subject to ordinary income tax and may be subject to a 10% IRS tax penalty if taken prior to age 59 1/2. Withdrawals may also forfeit potential interest credits and if taken during the withdrawal charge period may result in the loss of principal.
Aviva does not authorize its agents, employees or representatives to give legal, tax or accounting advice. The information contained herein is our understanding of the current laws as they relate to annuities. These laws are subject to change in the future. Please consult your personal advisor for any tax, legal or accounting advice to determine if a single premium immediate annuity or a deferred annuity is right for you.